Court Of Chancery Explains Selection Of Lead Counsel

Posted on December 31, 2010 by Edward M. McNally

In re Del Monte Foods Company Shareholders Litigation, C.A. 6027-VCL (December 31, 2010)

This decision applies the so-called Hirt factors to select lead counsel and the lead plaintiff in class action litigation.  The size of the proposed lead plaintiff's stake in the company and the experience of its proposed lead counsel are given the greatest weight.

The care and expedition given to this decision are particularly noteworthy.

Tags:
Trackbacks (0) Links to blogs that reference this article Trackback URL
http://www.delawarebusinesslitigation.com/admin/trackback/235232
Comments (0) Read through and enter the discussion with the form at the end
Post A Comment / Question Use this form to add a comment to this entry.







Remember personal info?
Send To A Friend Use this form to send this entry to a friend via email.