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: Delaware Business Litigation ReportCourt Of Chancery Approves "Bonus" Fee In Indemnification Claim
By Edward M. McNally
O'Brien v. IAC/Interactive Corp. , C.A. 3892-VCP (August 27, 2010)
This is an interesting decision because, perhaps for the first time, the Court explicitly orders payment of a contingent fee in an indemnification case. The fee in question involved a bonus for success in the underlying arbitration proceedings. As the Court held, if the fee is due and is reasonable, it should be paid.
Full post as published by Delaware Business Litigation Report on August 27, 2010 (boomark / email).
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