Emak Worldwide, Inc. v. Kurz

STEELE, Chief Justice:

Delaware law rewards plaintiffs’ attorneys who provide a benefit to a Delaware corporation, even if the benefit does not produce immediate monetary rewards. Preserving shareholder voting rights, for example, produces a non-monetary benefit. The Vice Chancellor made an interim fee award of $2.5 million to plaintiffs attorneys, after the Court of Chancery’s decision in Kurz v. Holbrook2 and our decision in Crown EMAK Partners, LLC v. Kurz.3 The record supports the Vice Chancellor’s factual finding that the voting rights preserved by the litigation were meaningful, and we…