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MENTOR GRAPHICS CORP. v. SHAPIRO

Nos. 492, 2002, 497, 2002.

818 A.2d 959 (2003)

MENTOR GRAPHICS CORPORATION, et al., Objectors Below, Appellants, v. Howard SHAPIRO, Plaintiff Below, Appellee, and Glen M. Antle, et al., Defendants Below, Appellees. Mentor Graphics, Corporation, et al., Plaintiffs Below, Appellants, v. Quickturn Design Systems, Inc., et al., Defendants Below, Appellees.

Supreme Court of Delaware.

Decided: March 25, 2003.

Attorney(s) appearing for the Case

Kevin G. Abrams, J. Travis Laster (argued), Peter B. Ladig, and Kelly C. Ashby, Richards, Layton & Finger, Wilmington and Marc W. Rappel, Latham & Watkins, Los Angeles, CA, for Appellants Mentor Graphics Corp. and MGZ Corp.

David C. McBride (argued) and Danielle Gibbs, Young, Conaway, Stargatt & Taylor, Wilmington, for Appellees Cadence Design Systems, CDSI Acquisition, Inc., and Quickturn Design Systems, Inc.

Kenneth J. Nachbar, Morris, Nichols, Arsht & Tunnell, Wilmington, for Appellees Former Directors.

Norman M. Monhait, Rosenthal Monhait Gross & Goddess, P.A. Wilmington and Stanley D. Bernstein (argued) and Abraham I. Katsman, Bernstein Liebhard & Lifshitz, LLP, New York City, for Appellee Howard Shapiro.

Before VEASEY, Chief Justice, WALSH, HOLLAND, BERGER, and STEELE, Justices, constituting the Court En Banc.

PER CURIAM:

This is an appeal by an unsuccessful party to an acquisition contest from a decision of the Court of Chancery rejecting that party's attempt to secure an award of counsel fees incident to the settlement of a related class action suit attacking the original merger effort. The Court of Chancery denied the appellants' effort as untimely. We agree and affirm.

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