Posted on February 6, 2010 by Francis G.X. Pileggi

Chancery Awards Fees to Prevailing Party Based on Agreement; Examines Reasonableness of Amount

In Concord Steel, Inc. v. Wilmington Steel Processing, Co., Inc., et al., No 3369-VCP (Del. Ch. February 5, 2010), read decision here, the Delaware Court of Chancery awarded attorneys' fees based on a provision in an asset purchase agreement that afforded reasonable attorneys' fees to the prevailing party. Our blog... Continue Reading...
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Posted on September 10, 2008 by Francis G.X. Pileggi

Chancery Court Dismisses Case Due to Misrepresentations to Court; Finds Derivative Plaintiff Unqualified, and Awards Fees

In PARFI HOLDING AB v. MIRROR IMAGE INTERNET, INC., 2008 WL 4110698 (Del. Ch., Sept. 4, 2008), the Delaware Chancery Court provides a magnum opus on the "importance of being earnest". Many wags might suggest that such truisms need not be explained in an opinion, but we all know of... Continue Reading...
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