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Books and records plaintiff entitled to contractual fee-shifting after settlement of inspection action | Reed Smith

It is no secret that, over the last few years, the Court of Chancery has appeared increasingly willing to shift fees in books and records actions (pursuant to the bad faith exception to. ....

United States , Reed Smith , Digitzs Solutions Inc , Blue Foundry Bancorp , Gilead Scis Inc , American Rule , Foundry Bancorp , Vice Chancellor Laster ,

Chancery Shifts $374K Books Demand Legal Bill To Company

A Delaware vice chancellor on Wednesday ordered payroll company Digitzs Solutions Inc. to pay more than $374,000 in legal fees to a shareholder who sued the company seeking to inspect certain books and records, saying Digitzs "resisted the litigation in bad faith," forcing the plaintiff to incur legal expenses. ....

Katryna Perera , Digitzs Solutions Inc , Digitzs Solutions ,