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Farrell Fritz, P.C.

A Message of Acceptance from the Garden State

Farrell Fritz, P.C. on

This week’s New York Business Divorce takes us to the Garden State for a delightfully-written, post-trial decision by retired, recalled Appellate Division Judge Clarkson S. Fisher, Jr....more

Farrell Fritz, P.C.

Two Cases. Two Mammoth Fee Awards. Coup de Grâce or Pyrrhic Victory?

Farrell Fritz, P.C. on

Under a common-law doctrine successful litigants love to hate – the “American Rule” – a party to litigation cannot recover its legal fees unless a contract, statute, or court rule expressly authorizes fee-shifting to the...more

Farrell Fritz, P.C.

Fee Sharing in LLC Derivative Suits: A Common Law Right and a One Way Street

Farrell Fritz, P.C. on

BCL 626 governs shareholder derivative actions, or suits brought by individual shareholders on behalf of, and for injury to, the corporation. Subsection (e) provides that if the plaintiff—the individual shareholder asserting...more

Robins Kaplan LLP

The Second Circuit Joins the Split by Allowing Attorneys’ Fees under FRCP 41

Robins Kaplan LLP on

In the midst of reviewing the propriety of derivative representation under New York law, the Second Circuit joined a fray among its sister Circuits by allowing the recovery of attorneys’ fees under FRCP 41(d)....more

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