Delaware follows the “American Rule”, which mandates that each party bear their own attorneys’ fees regardless of the outcome of the litigation. However, as an exception to this rule, the
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attorneys' fees
Fees Granted in Dell Inc. Appraisal Action
By Fox Rothschild LLP on
In the Dell Inc. appraisal action, the Court previously held that the fair value of Dell common stock at the effective time of the merger was $3.87 per share more…
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Compound Interest Granted on Attorneys’ Fees
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Not uncommonly, the Court of Chancery will award attorneys’ fees to a party in connection with the successful prosecution of a motion to compel, if the opposing party is found…
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Attorneys’ Fees Awarded in Disclosure Only Settlement
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In the case of In re: Paetec Holding Corp. Shareholders Litigation, C.A. No. 6771-VCG (Del. Ch. Mar. 19, 2013), the Court of Chancery awarded attorneys’ fees in the…
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Court of Chancery Grants Attorneys’ Fees and Expenses in Connection with Declaratory Judgment Action
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In the case of Dawson v. Pittco Capital Partners, L.P., C.A. No. 3148-VCN (Del. Ch., Jan. 31, 2013), the Court of Chancery ruled on the application of legal…
Delaware Supreme Court Affirms Substantial Judgment and Hundreds of Millions of Dollars in Fees for Breach of Fiduciary Duty
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On August 27, 2012, the Delaware Supreme Court, in a lengthy, 110 page opinion, affirmed the Court of Chancery’s judgment of over $2 billion in damages in connection with a…
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Court Holds Party in Contempt; Awards Sanctions and Attorneys’ Fees for Violation of Injunction
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Delaware Chancery Refuses to Grant Relief from Default Judgment, and Insists on Necessity of Retaining Delaware Counsel
By Sheldon Rennie on
In CanCan Development, LLC v. Manno, C.A. No. 6283-VCL (Del. Ch. Sept. 21, 2011), the Delaware Court of Chancery denied Defendant Manno’s motion for relief from default judgment pursuant…
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