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Court Of Chancery Awards Fees To Unsuccessful Objector

In Re Riverbed Technology Inc. Stockholders Litigation, C.A. 10484-VCG (December 2, 2015)

In what is probably an unprecedented decision, the Court in this case awarded fees to an unsuccessful objector to a settlement of merger litigation. Note that the Court was very cautious in doing so and warns that this should not be taken as encouragement to object to settlements.

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blog, complex commercial litigation, corporate counseling & litigation