Delaware High Court Reverses Nearly $16M Attorney Fee Award In Investment Dispute

( July 15, 2026, 1:27 PM EDT) -- NEW CASTLE, Del. — The Delaware Supreme Court affirmed a lower court’s finding that a China-based company did not prove its loyalty- and care-based fiduciary duty claims against an investment fund and its principal in a failed investment attempt and that the investment fund breached its duty of candor, but it reversed the lower court’s award of $15.83 million in attorney fees and expenses to the company because the company prevailed on only a single issue....