Ex-CEO Of Bankrupt Scooter Store Wants Legal Fees Covered

Law360, Wilmington (July 2, 2013, 9:55 PM EDT) -- The former CEO of bankrupt Scooter Store Holdings Inc., along with a committee that oversees an employee stock ownership plan, asked a Delaware bankruptcy court Tuesday to make sure the company or its insurers cover their defense costs from a putative class action in Texas accusing them of fiduciary breaches.

Former CEO Douglas Harrison and The Scooter Store Employee Stock Ownership Plan Committee, which included Harrison, argue that the company agreed in the committee's governing documents to indemnify it against  losses or expenses related to legal...
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