Last month, the Delaware Chancery Court drastically reduced – from $275,000 to $50,000 – a mootness fee award requested by plaintiffs’ counsel in a lawsuit challenging the merger between PayPal and Xoom Corporation, finding...more
9/14/2016
/ Breach of Contract ,
Controlling Stockholders ,
Corporate Counsel ,
Derivative Suit ,
Fee Reductions ,
Fiduciary Duty ,
Material Misstatements ,
Mergers ,
Mootness ,
Omissions ,
PayPal ,
Proxy Statements ,
Securities ,
Supplemental Disclosures
For trial lawyers, hostile adversaries are par for the course. But judges are supposed to be irreproachably impartial, right? That is, after all, the very cornerstone of our judicial system. So when you find yourself trying...more