Contracts with “prevailing party” fee-shifting provisions offer the tantalizing, coveted prospect of the winner recovering attorneys’ fees from the loser in legal disputes over the contract’s breach. But when the parties bombard each other with legal claims, and neither recovers on much (or any) of them, the hard question of whether either side (or any side) “prevailed” can lead to years of litigation within litigation. Read more in this week’s New York Business Divorce.
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attorneys' fees
Two Cases. Two Mammoth Fee Awards. Coup de Grâce or Pyrrhic Victory?
By Franklin C. McRoberts on
Posted in Attorney's Fees, Derivative Actions
In this week’s New York Business Divorce, read about the grand finale conclusion of two important cases previously featured on this blog, with massive affirmed attorneys’ fee awards in both, one by statute, one by contract. …
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The Contract is King: Advancement and Indemnification Under Delaware Law
By Franklin C. McRoberts on
In this week’s New York Business Divorce, we continue to explore the subject of advancement and indemnification of legal fees, this time under the laws of Delaware.
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