The Delaware Court of Chancery's record-setting awards for damages and attorney fees in the Southern Peru shareholder litigation was affirmed by the Delaware Supreme Court on Monday. In its opinion, the Supreme Court held that the trial court did not abuse its discretion when it awarded $2 billion in damages to Southern Peru's shareholders or awarded $304 million, roughly 15 percent of the total judgment, to plaintiffs counsel.
Font Size: 
Regional News
Record-Setting Damages, Fees Affirmed in Delaware Suit
The Legal Intelligencer
August 30, 2012
This content is now available at LexisNexis®.
The ALM® and LexisNexis® Content Alliance
LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM’s legal news publications. LexisNexis® customers will be able to access and use ALM’s content by subscribing to the LexisNexis® services via lexis.com® and Nexis®. This includes content from The National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM’s other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.
ALM’s content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.
If you are not currently a LexisNexis subscriber, contact 1-800-227-4908 to find out more or click here to have a customer representative contact you directly.
