Thursday, March 17, 2005

Oral Argument in the Martha Stewart Case and Payment of Legal Fees

It looks like Martha Stewart may not be paying the entire cost of the legal problems that she faced.  Check out the CNN story here.

When someone in corporate America is under investigation, under indictment, or just appearing as a witness before a grand jury, it isn't always the case that they are footing their own legal bill.  As a matter of fact, it often is the situation that the company bears the cost.  This in part comes about because of the contractual arrangement that the individual may have made with the company.  In some cases, a directors and officer's liability policy may place the cost with insurance.

And yes, the oral argument on Martha Stewart's appeal was today.  As expected, it looks like the Crawford issue was at the top of the hour.  See here.


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