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Sure, Barnes And Noble Can Countersue Its Former CEO, Rules Judge — If They Pay His Lawyers In Advance

WORDS Posted: May 7, 2019 12:03 pm

The ousted chief of the chain, Demos Parneros, sued over his dismissal (as one does if one is a CEO), so B&N decided to countersue, demanding to claw back some of the CEO’s compensation and to be awarded damages for his behavior. The judge let the countersuit proceed, but ruled that the indemnity clause in Parneros’s contract applies even in this case. – Publishers Weekly

WORDS Published: 05.06.19

Read the story in Publishers Weekly Published: 05.06.19

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