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News
May 13, 2015

Delaware Senate Passes Bill Banning Fee-Shifting Bylaws

Yesterday, the Delaware Senate passed legislation that would bar companies from forcing the losers of shareholder lawsuits to cover both parties’ legal fees. Critics of the bill, including the U.S. Chamber Institute for Legal Reform, claim it will take away an important tool for combating abusive lawsuits against businesses and damage Delaware’s highly-regarded legal climate.

Read the full story in the Delaware News Journal here.

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