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Chancery Addresses 'Merger Tax' Concerns Over $1M Fee Bid

Law 360

million fee and expense request by attorneys for Magellan Health Inc. shareholders down to $75,000, saying a "modest fee award" was necessary because the company mooted the issue at stake. The Delaware Chancery Court on Thursday explained in detail a prior bench ruling that cut a $1.1

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Magellan Investor's Attys Seek $1.1M Fee In Centene Deal Suit

Law 360

million "mootness fee," arguing that their work to resolve a class action against Magellan Health Inc. benefited shareholders in the managed health care company who were allegedly short-changed when it merged with Centene Corp. Two law firms have asked the Delaware Court of Chancery for a $1.1

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Magellan Health Blasts 'Bravado' Of Fee Bid In Chancery Case

Law 360

Magellan Health Inc. million fee award in a mooted shareholder suit over the company's merger with Centene Corp., has asked the Delaware Chancery Court to reject a bid by two law firms for a $1.1 arguing they should get no more than $125,000.