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the Vermont Statutes
2014 Vermont Statutes
Title 11 - Corporations, Partnerships and Associations
Chapter 21 - LIMITED LIABILITY COMPANIES
Subchapter 11: DERIVATIVE ACTIONS
§ 3154 Expenses
Universal Citation:
11 V.S.A. § 3154
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§ 3154. Expenses
If a derivative action for a limited liability company is successful, in whole or in part, or if anything is received by the plaintiff as a result of a judgment, compromise or settlement of an action or claim, the court may award the plaintiff reasonable expenses, including reasonable attorney's fees, and shall direct the plaintiff to remit to the limited liability company the remainder of the proceeds received. (Added 1995, No. 179 (Adj. Sess.), § 4.)
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