09Feb
Chancery Rules on Equitable Fee Shifting and Indemnity Provisions in Support of Fee Shifting
On December 31, 2020, Vice Chancellor Glasscock issued an opinion regarding what he called a “novel issue” arising from cross motions for fees. The motions were supported by a contractual prevailing party fee provision which also provided for an equitable award where a party prevailed in part and lost in part. The case, Great Hill Equity Partners IV v. SIG Growth Equity Fund I, LLLP, CA No. 7906-VCG (Del. Ch. 2020) was hard fought, lengthy, costly, and yielded very little for the parties. Vice...
By:
Snell & Wilmer
Related
The U.S. Department of State has released the October 2019 Visa Bulletin, the first for fiscal year ...
Read More >
The September 19, 2019 edition of the Federal Register includes the updated minimum wage rates that ...
Read More >
The Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”) is the mo...
Read More >
The National Labor Relations Board (NLRB) has announced substantial changes to its representation ca...
Read More >
As the evolving coronavirus virus (COVID-19) first discovered in China continues to grow in both Chi...
Read More >
Yesterday, the Department of Labor (DOL) released the final version of its long-anticipated update t...
Read More >