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BIRD v. LIDA, INC.

Civil Action No. 14486.

681 A.2d 399 (1996)

James M. BIRD, Plaintiff, v. LIDA, INC., a Delaware Corporation, Defendant.

Court of Chancery of Delaware, New Castle County.

Decided: April 4, 1996.

Revised: April 5, 1996.

Attorney(s) appearing for the Case

R. Bruce McNew, Taylor, Gruver & McNew, P.A., Greenville, Michael J. Boni, Craig W. Hillwig, Kohn, Swift & Graf, P.C., Philadelphia, Pennsylvania, for Plaintiff.

Michael Hanrahan, Ronald A. Brown, Jr., Prickett, Jones, Elliott, Kristol & Schnee, Wilmington, for Defendant.

OPINION

ALLEN, Chancellor.

Presented is a motion to dismiss a shareholder's complaint seeking an order requiring his corporation to pay his attorney a fee. Plaintiff is James Bird, a shareholder of Lida, Inc., a Delaware corporation. His complaint alleges that the effort of Mr. Bird's legal counsel has directly lead to the conferring of a substantial, quantifiable financial benefit upon the corporation. According to the complaint, the benefit was conferred...

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