An Early Christmas for These Lawyers!

Unbelievable ? Obviously not! Wall Street Journal | Dec 28, 2011 It wasn’t your ordinary stocking stuffer. The week before Christmas, two plaintiffs law firms got word that together they were awarded $300 million in fees for their work challenging a takeover deal. The size of the fee, unusually high for shareholder cases, has bankers and la…

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Themen: Delaware , Christmas , Wall Street Journal , Wall Street , Shareholder , Court OF Chancery , Securities Litigation , Trial Lawyers' Influence

Erschienen 28. Dezember 2011 auf http://www.usa-recht.de.

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Christmas Came Early For Some Lawyers - WSJ.com

A $300 million fee for plaintiffs' lawyers has bankers and lawyers buzzing about whether the Delaware Court of Chancery has become too generous to plaintiffs' counsel—or is rightly rewarding them for their efforts.