Choice Of Law: Plaintiffs Not Entitled To Attorney’s Fees Under Delaware Corporate Benefit Doctrine Where Causal Link Between Plaintiffs’ Activities And Corporate Benefit Was Rebutted And Shown To Be Nonexistent
Cases: Choice of LawCausal Link Was Missing Based On The Record. Plaintiffs in a putative class action involving the proposed mergers between two advertising billboard companies, Outdoor and InterMedia, moved to recover attorney’s fees when another company (KSE) bought Outdoor for an enhanced purchase price, claiming to have benefitted Outdoor shareholders by an additional $57 million […]
