Glenn Beck Media Outlet Says Texas Suit Trumps Del. Filing
Law360, Houston (September 13, 2016, 8:26 PM EDT) -- Glenn Beck's media outlet TheBlaze.com told the Delaware Chancery Court on Monday that it should halt proceedings in a suit its former CEO brought against the company — seeking an order that it foot the defense bill for a related Texas suit accusing him of mismanaging Beck's production company — characterizing it as “forum shopping.”
In dueling suits, TheBlaze and its former CEO, Christopher Balfe, are arguing over whether Balfe can exercise an indemnity provision in TheBlaze bylaws that would entitle him to an advancement of expenses in defending against a suit brought by Beck's production company, Mercury Radio Arts Inc. Mercury, the majority...
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