Vice Chancellor Paul A. Fioravanti, Jr. of the Court of Chancery in Delaware. Courtesy photo Court Grants Full $2.1M Fee Shifting Request in Managerial Misconduct Case
"The court's ruling bodes well for others presented with similar circumstances in Chancery Court and will hopefully serve as a cautionary tale should parties choose to engage in litigation misconduct," said David Lackowitz, litigation department chair at Moses Singer.
July 11, 2023 at 03:45 PM
3 minute read
Vice Chancellor Paul Fioravanti Jr. has decided a group of defendants that conspired to breach fiduciary duties will be held accountable for more than $2.1 million in attorney fees, reasoning egregious conduct throughout five years of litigation warranted shifting the full amount plaintiffs requested.
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