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TREASURER OF STATE OF CONNECTICUT v. BALLARD SPAHR ANDREWS & INGERSOLL LLP

866 A.2d 479 (2005)

The TREASURER OF the STATE of Connecticut as Trustee for the State of Connecticut Retirement Plans and Trust Funds, et al., Derivatively on behalf of Keystone Venture V, L.P. v. BALLARD SPAHR ANDREWS & INGERSOLL LLP, Appellant.

Commonwealth Court of Pennsylvania.

Decided January 12, 2005.

Attorney(s) appearing for the Case

Barbara W. Mather, Philadelphia, for appellant.

Stephen A. Mallozzi, Philadelphia, for appellees.

BEFORE: COLINS, President Judge, and McGINLEY, Judge, and SMITH-RIBNER, Judge, and PELLEGRINI, Judge, and COHN JUBELIRER, Judge, and SIMPSON, Judge, and LEAVITT, Judge.

OPINION BY Judge SMITH-RIBNER.

The law firm Ballard Spahr Andrews & Ingersoll LLP (Ballard Spahr) appeals from an order of the Court of Common Pleas of Philadelphia County that denied an unopposed motion for final approval of proposed settlement and unopposed motion seeking reimbursement of costs, expenses and fees. This matter involves a derivative action brought on behalf of Keystone Venture V, L.P. (Keystone), a venture capital investment partnership, by five...

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