“Delaware’s Supreme Court has ruled that corporations can adopt bylaws requiring an investor who sues and loses to pay the company’s legal costs, potentially upending the economics of a booming type of shareholder litigation.” [Tom Hals, Reuters via Federalist Society Blog]
Tags: corporate governance, Delaware, loser pays, securities litigationLoser-pays by consent in corporate governance? is a post from Overlawyered - Chronicling the high cost of our legal system
