Corporate

Recent Posts

Delaware Court of Chancery Awards Fees Based on “Gross Value of Settlement”
Posted on 17 Jun 2015 by Francis G.X. Pileggi

In re Jefferies Group, Inc. Shareholders Litigation , Cons. C.A. No. 8059-CB (Del. Ch. June 5, 2015) [ an enhanced version of this opinion is available to lexis.com subscribers ]. This Delaware Court of Chancery letter ruling describes the standards... Read More

Delaware Court of Chancery Awards $72 Million in Fees for Settlement of Class and Derivative Suit
Posted on 27 May 2015 by Francis G.X. Pileggi

In Re Activision Blizzard, Inc. Stockholder Litigation , Cons. C.A. No. 8885-VCL (Del. Ch. May 20, 2015) [ an enhanced version of this opinion is available to lexis.com subscribers ]. This Delaware Court of Chancery opinion refers to the settlement... Read More

Delaware Court of Chancery Awards Attorneys’ Fees of $660,000
Posted on 27 Feb 2012 by Francis G.X. Pileggi

Auriga Capital Corp. v. Gatz Properties, LLC , is an iconic opinion from the Delaware Court of Chancery that was issued on Jan. 27, 2012 and highlighted on these pages here. This decision is momentous because it explains why fiduciary duties will... Read More

Delaware Court of Chancery Awards Fees for Unfair Process Despite Finding of Fair Price
Posted on 14 May 2015 by Francis G.X. Pileggi

In Re Nine Systems Corporation Shareholders Litigation, Cons. C.A. No. 3940-VCN (Del. Ch. May 7, 2015) [ an enhanced version of this opinion is available to lexis.com subscribers ]. This Delaware Court of Chancery decision on the award of attorneys’... Read More

Delaware Court of Chancery Imposes Fees for Bad Faith Litigation Tactics
Posted on 30 Sep 2013 by Francis G.X. Pileggi

ASB Allegiance Real Estate Fund v. Scion Breckenridge Managing Member LLC, C.A. No. 5483-VCL (Del. Ch. Sept. 16, 2013) [ an enhanced version of this opinion is available to lexis.com subscribers ] This Chancery decision, on remand from the Delaware... Read More

Chancery Rejects Motion for Attorneys’ Fees Based on Complaint Mooted by Actions of Board
Posted on 5 Apr 2012 by Francis G.X. Pileggi

Freedman v. Adams, C.A. No. 4199-VCN (Del. Ch. March 30, 2012). Issue Addressed The Court of Chancery addressed the standard for awarding attorneys' fees when there has been a stipulated dismissal of a derivative action which was largely... Read More

Corporate Benefit Doctrine Not Applicable to Volunteers
Posted on 11 Jul 2014 by Francis G.X. Pileggi

Raul v. Astoria Financial Corporation , C.A. No. 9169-VCG (Del. Ch. June 20, 2014) [ an enhanced version of this opinion is available to lexis.com subscribers ]. Issue Addressed : Whether attorneys’ fees were appropriate under the corporate benefit... Read More

Contract-Based Award of Attorneys’ Fees
Posted on 20 Oct 2014 by Francis G.X. Pileggi

ReCor Medical, Inc. v. Warnking , C.A. No. 7387-VCN (Del. Ch. May 14, 2014) [ an enhanced version of this opinion is available to lexis.com subscribers ]. This letter opinion provides a helpful analysis of how the Court of Chancery awards attorneys’... Read More

Delaware Court of Chancery to Be Less Likely to Approve Fees in Disclosure Only Cases
Posted on 23 Sep 2015 by Francis G.X. Pileggi

In re Riverbed Technology, Inc., Stockholders Litigation , Cons. C.A. No. 10484-VCG (Del. Ch. Sept. 17, 2015) [subscribers can access an enhanced version of this opinion: lexis.com | Lexis Advance ]. This Delaware Court of Chancery opinion is noteworthy... Read More