Section 1717: Attorney’s Fees Award Under Asset Purchase Agreement Fees Clause Reversed As To Certain Losing Non-shareholder Plaintiffs Because They Could Not Sue Derivatively
Cases: Section 1717Lack Of Derivative Standing Required Reversal Of Fee Award Obtained By Some Defendants Against Losing Non-shareholder Plaintiffs. In Jarrett v. Diversis Management LLC, Case Nos. B277855/B279242 (2d Dist., Div. 1 Oct. 10, 2018) (unpublished), plaintiffs filed a derivative suit against a number of defendants, losing on a summary judgment motion which was affirmed on […]
