Court of Chancery Finds Indemnification Agreement Ambiguous; Denies Summary Judgment Motion

In ClubCorp, Inc. et al., v. Pinehurst LLC et al., C.A. No. 5120-VCP (Del. Ch., Nov. 15, 2011),  read opinion here, the Court of Chancery addressed a contractual dispute among the parties to an indemnification agreement related to a merger. …