In Re First Interstate Bancorp Consolidated Shareholder Litigation

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• stating that the \corporate benefit doctrine” of fee shifting may be relied on when some non-monetary but \valuable benefit is realized by the corporate enterprise or thé stockholders as a group.”
• granting attorney's fees where the defendants ' decision to enter into the very merger that the plaintiffs sought when they filed the litigation mooted the plaintiffs’ claims
• considering, on a fee application, whether fees were incurred “in litigation conducted on a non-expedited schedule”
• considering, on a fee application, whether fees were incurred “in litigation conducted on a non-expedited schedule”
• discussing the appropriate source of fees for benefit to a stockholder class under the ―common fund‖ and ―corporate benefits‖ doctrines

Source: CourtListener parenthetical corpus (CC0).