On Monday, March 7, 2016, Derek Jeter and a marketer of luxury underwear resolved their dispute over legal fees in Delaware’s Court of Chancery. The settlement resolves Jeter’s fight with RevolutionWear Inc. over attorney’s fees stemming from Jeter’s lawsuit seeking declaration that he complied with his obligations to RevolutionWear and that he is entitled to indemnification.
In 2011, Jeter joined the company’s board of directors. RevolutionWear contends that an essential element of Jeter’s contract was that he would publicly announce his role in the company. …
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