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J.C. PENNEY COMPANY, INC. v. OZENNE

No. 05-13-01601-CV.

453 S.W.3d 509 (2014)

J.C. PENNEY COMPANY, INC., Myron E. Ullman III, Michael T. Theilmann, Thomas M. Nealon, Robert B. Cavanaugh, William A. Ackman, Thomas J. Engibous, Geraldine B. Laybourne, Leonard H. Roberts, Javier G. Teruel, Mary Beth West, Colleen C. Barrett, Kent B. Foster, Steven Roth, and R. Gerald Turner, Appellants v. Everett M. OZENNE, Derivatively on Behalf of J.C. Penney Company, Inc., Appellee.

Court of Appeals of Texas, Dallas.

Opinion Filed December 19, 2014.

Attorney(s) appearing for the Case

Michelle L. Davis , Midlothian, TX, David D. Sterling , Edmund G. LaCour Jr. , Houston, TX, Jessica B. Pulliam , Dallas, TX, for Appellants.

David Neil Smith , Irving, TX, Robin Winchester , Eric Zagar , Radnor, PA, Jeffrey John Angelovich , Austin, TX, Brad Edward Seidel , Dangerfield, TX, for Appellee.

Before Justices Francis, Myers, and Thomas.

OPINION

This case concerns an award of $3.1 million for the plaintiff's attorney's fees and expenses in a shareholder derivative action. The parties settled the suit and agreed that if the trial court awarded the plaintiff's attorneys their fees and expenses,...

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