Vice Chancellor J. Travis Laster of the Delaware Court of Chancery.
Plaintiffs counsel secured a December decision to invalidate a provision in certificates of incorporation that would have disallowed litigation in Delaware state courts.
July 10, 2019 at 01:00 PM
1 minute read
The original version of this story was published on Delaware Business Court Insider
The Delaware Court of Chancery has approved an attorney fee award of $3 million in a case where plaintiffs were successful in knocking out a provision in three internet retailers’ certificates of incorporation limiting jurisdiction in securities cases to the federal courts.
In Sciabacucchi v. Salzberg, the court said plaintiffs counsel prevailed in “relatively complex” litigation.
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