January 03, 2024 | Delaware Business Court Insider
19th Annual Review of Key Delaware Corporate and Commercial DecisionsThis list highlights some of the notable decisions that should be of widespread interest to those involved in corporate and commercial litigation or those who follow the latest developments in this area of Delaware law.
By Francis G.X. Pileggi, Sean M. Brennecke and Aimee M. Czachorowski
17 minute read
July 06, 2016 | Delaware Business Court Insider
Court Holds Fee Award Justified by Bad-Faith Litigation ConductThe Delaware Court of Chancery recently held a defendant and its counsel jointly and severally liable for costs and attorney fees totaling over $331,000.
By Aimee M. Czachorowski and Justin M. Forcier
8 minute read
January 13, 2016 | Delaware Business Court Insider
Chancery Grants Advancement, Fees-on-Fees to LLC ManagerThe letter opinion in Tulum Management USA LLC v. Casten, Case No. 11321-VCN (Del. Ch. Dec. 23, 2015), granting advancement and fees-on-fees follows the Delaware Court of Chancery's Nov. 20, 2015, opinion declining to stay the advancement portion of this case in favor of a first-filed Illinois action.
By Aimee M. Czachorowski
2 minute read
January 12, 2016 | Delaware Business Court Insider
Chancery Grants Advancement, Fees-on-Fees to LLC ManagerThe letter opinion in , Case No. 11321-VCN (Del. Ch. Dec. 23, 2015), granting advancement and fees-on-fees follows the Delaware Court of Chancery's Nov. 20, 2015, opinion declining to stay the advancement portion of this case in favor of a first-filed Illinois action.
By Aimee M. Czachorowski
2 minute read
October 14, 2015 | Delaware Business Court Insider
Chancery Scrutinizes Fee Request in Disclosure-Only SettlementIn a recent memorandum opinion the Delaware Court of Chancery indicated that approval of class action settlements would be subject to heightened scrutiny going forward, especially where, as here, additional corporate disclosures were the only benefit obtained in the action.
By Gary Lipkin and Aimee M. Czachorowski
4 minute read
October 14, 2015 | Delaware Business Court Insider
Chancery Scrutinizes Fee Request in Disclosure-Only SettlementIn a recent memorandum opinion the Delaware Court of Chancery indicated that approval of class action settlements would be subject to heightened scrutiny going forward, especially where, as here, additional corporate disclosures were the only benefit obtained in the action.
By Gary Lipkin and Aimee M. Czachorowski
4 minute read
January 20, 2015 | Delaware Business Court Insider
Chancery Grants Advancement to Ex-Director Guilty of Insider TradingThe Delaware Court of Chancery recently added to the jurisprudence on advancement of fees for officers and directors pursuant to Section 145 of the Delaware General Corporation Law. An unusual factual aspect of this case involved a former director of the company who pleaded guilty to insider trading, and thereafter sought advancement for related litigation, including fees incurred in a U.S. Securities and Exchange Commission action alleging insider-trading claims based on the same set of facts that were the factual basis of his guilty plea.
By Francis G.X. Pileggi and Aimee M. Czachorowski
4 minute read
January 20, 2015 | Delaware Business Court Insider
Chancery Grants Advancement to Ex-Director Guilty of Insider TradingThe Delaware Court of Chancery recently added to the jurisprudence on advancement of fees for officers and directors pursuant to Section 145 of the Delaware General Corporation Law. An unusual factual aspect of this case involved a former director of the company who pleaded guilty to insider trading, and thereafter sought advancement for related litigation, including fees incurred in a U.S. Securities and Exchange Commission action alleging insider-trading claims based on the same set of facts that were the factual basis of his guilty plea.
By Francis G.X. Pileggi and Aimee M. Czachorowski
4 minute read
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