Delaware Lawmakers Target Excessive Attorney Fees in Corporate Litigation Reform Effort

Delaware lawmakers are currently examining avenues to reform the state’s corporate law structures, with a particular focus on what are considered “excessive” attorney fee awards in corporate litigation. This initiative by the state Senate seeks to implement recommendations that would potentially curb these fees, which some argue are disproportionately high. This legislative move has been met with varying opinions from legal professionals and scholars within Delaware. For more on this development, see the full details at Law360.