Request for Attorneys’ Fees Denied Under Corporate Benefit Doctrine
By: Annette Becker and Zack Sager
In Martin v. Harbor Diversified, Inc., the Delaware Court of Chancery denied the plaintiff’s request for attorneys’ fees under the corporate benefit doctrine because the corporate benefit produced by the litigation was “a mere externality” to the plaintiff’s ultimate, personal goal of achieving a buyout of his interest in the corporation.
Read More