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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.
Morris James Blogs
Supreme Court Upholds Denial Of fees
This decision upholds the unremarkable proposition that a class member whose attorneys do not contribute to an increase in merger consideration do not deserve a fee award. The case is interesting because it reflects an unusual clash among plaintiffs' attorneys over who did what to get the price increased and a company's successful defeat of a fee petition.