Are Plaintiff Attorneys' Fee Awards in the Delaware Chancery Court Excessive?
Links to the series
I recently completed my series on Are Plaintiff Attorneys’ Fee Awards in the Delaware Chancery Court Excessive? In this post, I provide links to all five posts.
To be clear, none of these posts were intended to take sides between the various competing results and conclusions. My intent throughout this series has been to flag an interesting debate that will be frequently referenced in my ongoing work on DExit, without trying to decide on a winner. The series is primarily descriptive, while noting questions that occurred to me as I read each paper.
Are Plaintiff Attorneys' Fee Awards in the Delaware Chancery Court Excessive? Part I
The Wall Street Journal recently published an article entitled Is $200 Million the New $100 Million in Luxury Real Estate?, explaining that: “Just a decade ago, the $100 million price-tag was still considered a new frontier for luxury real estate in the U.S. ... Now, real estate insiders say a new pricing benchmark is setting the tone for the high-end market: the $200 million list price.” The article concludes by quoting a luxury home realtor, who asked: “Who knows if we won’t be having this conversation in the next few years about the next $300 million sale?”
Are Plaintiff Attorneys' Fee Awards in the Delaware Chancery Court Excessive? Part II
In the first post of this series, I discussed a new-ish article by Joseph Grundfest and Gal Dor of the Stanford Law School on plaintiff fee awards in the Delaware Chancery court. In it, I noted that their study was controversial and promised that future posts would discuss some of the comments their paper elicited.
Are Plaintiff Attorneys' Fee Awards in the Delaware Chancery Court Excessive? Part III
In the first post of this series (which is likely to run to at least six posts), I discussed a controversial paper by Stanford law professor Joseph Grundfest and research associate Gal Dor, which presented data on the basis of which they asserted that jumbo plaintiff attorney fee awards—lodestar multipliers exceeding seven or ten—”are far more frequent and extreme in Delaware court than in federal court.”
Are Plaintiff Attorneys' Fee Awards in the Delaware Chancery Court Excessive? Part IV
Regular readers will recall that last November I started a series of posts on the debate over plaintiff attorneys’ fee awards in the Delaware Chancery Court. I got sidetracked in December by other developments and the holidays. But I’m now getting back to it, with three planned new posts (counting this one).
Are Plaintiff Attorneys' Fee Awards in the Delaware Chancery Court Excessive? Part V
In recent years, the Delaware Court of Chancery has come under fire for awarding what critics call “excessive” attorneys’ fees in class actions and derivative suits. In a series of posts, I’ve traced the major empirical studies of that issue.