5 Firms Seek $44M Atty Fees In GCI Liberty Suit In Chancery

By Rose Krebs (August 5, 2021, 4:41 PM EDT) -- Five firms will seek $44 million in fees for their work in a suit filed over alleged fiduciary duty breaches in GCI Liberty Inc.'s sale to Liberty Broadband Corp., in what they assert is one of the most significant results ever achieved in any Delaware stockholder litigation.

In a brief filed to the Delaware Chancery Court that was made public on Wednesday, Bernstein Litowitz Berger & Grossmann LLP, Prickett Jones & Elliott PA, Kessler Topaz Meltzer & Check LLP, Klausner Kaufman Jensen & Levinson PA and Morris Kandinov LLP indicated that they intend to seek two separate fee awards of $22...

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