Vice Chancellor Lori Will, of the Delaware Court of Chancery. Courtesy photo Vice Chancellor Curbs Fee Request in Excessive Compensation Case That Settled Quickly
The vice chancellor said that the plaintiff hadn't offered enough evidence to call the requested fee amount reasonable.
July 05, 2023 at 03:59 PM
3 minute read
Commercial Litigation
Vice Chancellor Lori Will of the Delaware Court of Chancery has approved $1 million of the $2.8 million in fees plaintiffs' counsel in an excessive compensation case asked for without defense opposition, reasoning the case had a clear-cut and short path to settlement from the beginning and the claimed value of that settlement was unsupported.
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