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Court of Chancery Awards Fees in Small Class Action

In re National City Corp. Shareholders Litigation, C.A. 4123-CC (July 31, 2009).

This is an example of the Court of Chancery, even absent an objection from the corporation involved, carefully examining a fee request. The Court cut the request, because the benefit conferred was not significant. Too often critics claim the Court awards fees too generously, but here the Court again shows that it is mindful of its oversight duty.

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blog, complex commercial litigation, corporate counseling & litigation