Glenn Beck’s News Outlet Says Ex-CEO Can't Get Indemnity

Law360, Dallas (August 24, 2016, 3:46 PM EDT) -- The former CEO of Glenn Beck’s news outlet TheBlaze Inc. on Wednesday asked a Delaware court to order the company to foot the bill for a suit accusing him of mismanaging Beck’s production company, just days after TheBlaze asked a Texas state court to do the opposite.

In dueling suits, TheBlaze and its former CEO Christopher Balfe are arguing over whether Balfe can exercise an indemnity provision in the TheBlaze bylaws that would entitle him to an advancement of expenses in defending against a suit brought by Beck’s Mercury Radio Arts Inc. Mercury had sued Balfe in Texas state court in...

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