On December 19 an impassioned argument was heard in the Court of Chancery of the state of Delaware, explaining why a group of plaintiffs lawyers deserved a fee that worked out to $35,000 an hour. Two months earlier, the lawyers had won a whopping $2 billion award in a derivative suit brought by shareholders of Southern Peru Copper Corporation and were seeking a proportionately whopping fee. When one of the defense lawyers suggested that such a huge fee would be a windfall, it raised the hackles of one person in the courtroom.
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