DE HIGH COURT SAYS DIRECTORS' PRE-LITIGATION CONDUCT JUSTIFIES FEE SHIFT FOR BAD FAITH Johnston v. Vendel and Arbitrium | Secondary Sources | Westlaw

DE HIGH COURT SAYS DIRECTORS' PRE-LITIGATION CONDUCT JUSTIFIES FEE SHIFT FOR BAD FAITH Johnston v. Vendel and Arbitrium | Secondary Sources | Westlaw

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DE HIGH COURT SAYS DIRECTORS' PRE-LITIGATION CONDUCT JUSTIFIES FEE SHIFT FOR BAD FAITH Johnston v. Vendel and Arbitrium

14 No. 3 ANCODLLR 7Andrews Corporate Officers and Directors Liability Litigation Reporter (Approx. 3 pages)

DE HIGH COURT SAYS DIRECTORS' PRE-LITIGATION CONDUCT JUSTIFIES FEE SHIFT FOR BAD FAITH Johnston v. Vendel and Arbitrium

14 No. 3 ANCODLLR 7Andrews Corporate Officers and Directors Liability Litigation Reporter (Approx. 3 pages)

14 No. 3 Andrews Corp. Off. & Directors Liab. Litig. Rep. 7
Andrews Corporate Officers and Directors Liability Litigation Reporter
December 14, 1998
Attorney Fees
Copyright (c) 1998 Andrews Publications

DE HIGH COURT SAYS DIRECTORS' PRE-LITIGATION CONDUCT JUSTIFIES FEE SHIFT FOR BAD FAITH

Johnston v. Vendel and Arbitrium

The conduct of defendant officers before the beginning of litigation may be used to determine that their bad faith defense of a shareholder suit to oust them justifies a $1.6 million attorney fee award against them, a Delaware Supreme Court panel...