Donald Wendt v. La Costa Beach Resort Condominium Association, Inc.

Summary

The Florida Supreme Court held that Fla. Stat. § 607.0850 authorizes a corporation to indemnify its directors when the corporation sues those directors, quashing the Fourth District Court of Appeal’s contrary decision and remanding for further proceedings. Justice Quince dissented, arguing that indemnification is limited to situations where the director discharges a duty the corporation should have performed.