News

Arkin Solbakken LLP Obtains Favorable Rulings in Advancement Action

Oct 15, 2024

Summary

On July 1, 2024, after trial, the Delaware Court of Chancery held that Arkin Solbakken LLP's client, Marc Centrella, “prevails in full on his claims for advancement and fees on fees” from Avantor. 

On July 1, 2024, after trial, the Delaware Court of Chancery held that Arkin Solbakken LLP’s client, Marc Centrella, “prevails in full on his claims for advancement and fees on fees” from Avantor.  In September 2024, Avantor filed motions for a stay of this order pending appeal in the Court of Chancery and the Delaware Supreme Court.  Both courts denied Avantor’s motions.  As a result, Arkin Solbakken LLP’s client will continue to receive advancement and fees on fees from Avantor pending Avantor’s appeal of the advancement order.