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Francis Pileggi Discusses Recent Delaware Supreme Court Decision Upholding Award of Attorneys’ Fees for Non-Monetary Corporate Benefit

In EMAK Worldwide, Inc. v. Kurz, No. 512, 2011 (Del. April 17, 2012), the Delaware Supreme Court considered whether the Court of Chancery properly granted an interim fee award in a shareholders' suit which did not produce an immediate monetary benefit. The case involved a control dispute involving...