Delaware Court of Chancery Clarifies Heightened Standard for Recovery of Attorneys’ Fees in Disclosure-Based Deal Litigation
Shephard Mullin M&A
JULY 17, 2023
the Delaware Court of Chancery addressed the circumstances under which the Court will award a shareholder plaintiff attorneys’ fees in disclosure-based deal litigation. Prior to the decision in Anderson, the state of the law was unsettled. the “Company”) from merging with Centene Corporation (the “Acquirer”). 2021-0202, — A.3d
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