WILMINGTON, Del.--(BUSINESS WIRE)--Citizens for Judicial Fairness released the following statement today after Delaware’s Chancellor Kathaleen McCormick granted $176 million in legal fees as part of the Tesla board pay case:
“Just a few short months after Delaware celebrated $175 million in Medicaid funding as ‘the single greatest reinforcement of Delaware’s Medicaid program’ since the Affordable Care Act, Chancellor McCormick awarded the same amount of money to three law firms in a single verdict – Delaware’s backwards logic in action once again.
“For years, we’ve seen firsthand the eagerness by Chancery judges to reward lawyers with massive, unchecked fees through the TransPerfect case, but $175 million is preposterous. That’s the average salary of more than 2,600 Delawareans given out in a single day to elite corporate lawyers.
“Delaware’s Court system is out of control. It’s long past time for Delaware’s leadership to create real accountability and transparency to ensure the courts serve the people rather than their tight-knit circle of legal elites.”
