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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.
Morris James Blogs
Court Of Chancery Explains How To Apply Hirt
Posted In Class ActionsIn re Delhi Financial Group Shareholder Litigation, C.A. 7144-VCG (February 7, 2012) This decision teaches how to apply the so-called Hirt facts to select lead counsel in a class action. Most notably, it holds that filing first is not as important as filing the best complaint and that co-lead counsel may work in some cases.
Tags: Class Actions