The Delaware Court of Chancery has awarded $211,038 in attorney fees to plaintiffs counsel in a recent dispute to determine the control of a limited liability company. It is said to be the first time the court has awarded attorney fees under Title 6, Section 18-1004 of the Delaware Code, which permits the court to award such fees in derivative litigation brought under Delaware's LLC Act, according to attorneys involved in the case.
Chancery Court Awards First Attorney Fees Under LLC Act
Delaware Business Court Insider
December 19, 2012
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