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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.
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- Chancery Finds Plaintiff Failed To State A Non-Exculpated Claim Against Special Committee Defendants In Complaint Challenging A Merger
- Chancery Finds Stockholder Conferred a Substantial Corporate Benefit by Challenging the Joint Vote of Two Classes of Common Stock under Section 242(b)(2) of the DGCL
- Court of Chancery Awards Plaintiffs Attorneys’ Fees and Costs in Section 225 Action for Obtaining a Substantial Benefit for the Corporation and its Stockholders
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Court Of Chancery Determines Reasonable Fees
Wayman Fire Protection Inc. v. Premium Fire & Security, C.A. No. 7866-VCP (June 27, 2014) This is the first decision interpreting the "reasonable fee" remedy under the Delaware Computer Misuse Act. The fee must be in proportion to the results achieved. A small win leads to a smaller fee. Shareawards
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