Lillis v. AT & T CORP.

OPINION

LAMB, Vice Chancellor.

This case arises from a dispute between former officers and directors of a telecommunications company and that company’s successors in interest concerning the enforcement of contracts granting stock options. The plaintiffs have moved for judgment on the pleadings on Count IV of their complaint, seeking the attorneys’ fees and expenses incurred in bringing their case under a contractual provision that authorizes such payments for certain claims. The question in this case specifically is the extent to which a contractual provision which provides for attorneys’ fees…