Special Fee Shifting Statutes: Partnership Buyout Fee Shifting Provision Is Discretionary, Involves Disjunctive Elements, And Requires Objective Lack Of Merit/Subjective Bad Faith Pursuit, Or Both
Cases: Special Fee Shifting StatutesDefendants Properly Denied Fees Under Corporations Code Section 16701. Corporations Code section 16701, which applies to partnership buyout disputes involving a disassociated partner, authorizes an equitable award of attorney and expert fees “against a party that the court finds acted arbitrarily, vexatiously, or not in good faith.” (§ 16701, subd. (i).) The trial court […]
