Andrews Corporate Officers and Directors Liability Litigation Reporter
January 14, 2002
Attorneys' Fees/Substantial Benefit Doctrine:
Copyright (c) 2002 Andrews Publications
FEE AWARD JUSTIFIED WHERE BENEFIT OUTWEIGHS SUIT COST, SAYS CALIF. APP. CT.
Randoll v. SupraLife Int'l
A California nutrition supplement company must pay $550,000 in fees to plaintiff attorneys who brought shareholder derivative charges against its officers and directors because the company will reap benefits that outweigh the amount it spent in...
FEE AWARD JUSTIFIED WHERE BENEFIT OUTWEIGHS SUIT COST, SAYS CALIF. APP. CT.
Randoll v. SupraLife Int'l