Chamber of Commerce Advocates for Curbs on Plaintiff Attorney Fees in Delaware Court

The nation’s largest business organization has called for Delaware’s Court of Chancery to implement stringent limitations on substantial plaintiff attorney fee awards. This plea comes in light of a multibillion-dollar fee request following the termination of Tesla CEO Elon Musk’s stock-based compensation scheme. The organization described the fee bid as something that “shocks the conscience.” For more details on this development, click here.