Nebraska § 21-169 Proceeds and expenses

Nebraska Statutes

§ 21-169 — Proceeds and expenses

Nebraska·Ch. 21 Corporations and Other Companies

(RULLCA 906) (a) Except as otherwise provided in subsection (b) of this section:

(1)any proceeds or other benefits of a derivative action under section 21-165 , whether by judgment, compromise, or settlement, belong to the limited liability company and not to the plaintiff; and

(2)if the plaintiff receives any proceeds, the plaintiff shall remit them immediately to the company.

(b)If a derivative action under section 21-165 is successful in whole or in part, the court may award the plaintiff reasonable expenses, including reasonable attorney's fees and costs, from the recovery of the limited liability company.

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(RULLCA 906) (a) Except
as otherwise provided in subsection (b) of this section:
(1) any proceeds or other
benefits of a derivative action under section 21-165 , whether by judgment,
compromise, or settlement, belong to the limited liability company and not
to the plaintiff; and
(2)
if the plaintiff receives any proceeds, the plaintiff shall remit them immediately
to the company.
(b)
If a derivative action under section 21-165 is successful in whole or in part,
the court may award the plaintiff reasonable expenses, including reasonable
attorney's fees and costs, from the recovery of the limited liability company.

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