“Counsel for the parties were highly experienced in derivative litigation, well informed on the current law, and had performed considerable work to prepare the case for mediation.… The advocacy on both sides of the case was of the highest caliber and counsel for both parties exhibited great effort, creativity, and zeal in advocating their positions.” Weitzman v. Ullman, et al., Civ. No. 4:13-cv-00585 (E.D. Tex.) (declaration in support of plaintiff’s motion for final approval of a settlement in a derivative action which provided for a series of material reforms to JC Penney’s corporate governance systems, designed to strengthen the company’s internal control functions and board accountability, and ultimately prevent the recurrence of the events that led to the alleged harm to the company and the filing of the lawsuit).
