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The High Stakes of Legal Fees
This chapter explores a landmark ruling by the Delaware Supreme Court that awarded $267 million in attorney fees related to a $1 billion settlement from Dell Technologies' acquisition. It examines the rationale behind high fees in complex legal battles, including implications for Tesla's ongoing legal issues and the contrasting fee models proposed by investors. The discussion emphasizes the challenges in calculating appropriate attorney compensation, the impact of judicial discretion, and broader public perceptions of exorbitant legal fees.