Vice Chancellor Nathan Cook, in an opinion, granted Tyler and Cameron Winklevoss and their investment fund only a fraction of the $1.3 million they claimed to be owed by the founder of a magazine they invested in.
August 22, 2024 at 04:15 PM
4 minute read
The original version of this story was published on Delaware Business Court Insider
A decision by Vice Chancellor Nathan A. Cook signals a default judgment for a plaintiff doesn’t mean a clean sweep for damages if those damages aren’t properly supported.
The opinion, issued Wednesday grants Tyler and Cameron Winklevoss and their investment fund, Winklevoss Capital Fund, $170,000 in compensatory damages, a fraction of the $1.3 million they claimed to be owed by the founder of a magazine they invested in.
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Vice Chancellor Nathan Cook of the Delaware Court of Chancery. Courtesy photo
