Neuberger v. Barrett

This is an application for an allowance of counsel and accountants’ fees and expenses, made by all the plaintiffs and by the intervener-plaintiff in this derivative stockholders’ action. There is also an application for counsel fees incurred by the individual defendants, who are directors and officers of the corporation involved in the defense of the action.

The case was settled on the eve of trial with the approval of the court after a hearing attended by the attorneys for all the parties, and after another hearing held before the court on due notice to all the stockholders of the corporation…