In Twist, Judge Orders B&N to Help Pay Former CEO's Legal Costs

Among three decisions handed down at a May 6 conference, Judge John G. Koeltl ruled that Barnes & Noble's countersuit against former CEO Demos Parneros can proceed. But in a twist, the judge held that an indemnification clause in Parneros's contract called for the company to advance Parneros's costs for defending against the suit.