Wyoming Statutes
Wyo. Stat. § 17-14-1104 (2026)
Expenses.
✓ current as of May 2026
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If a derivative action 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 him to remit to the limited partnership the remainder of those proceeds received by him.
Notes of Decisions
Cited in 4
cases, 2015–2016 · leading case: Wallop Canyon Ranch, LLC v. Goodwyn, 351 P.3d 943 (Wyo. 2015).
Wallop Canyon Ranch, LLC v. Goodwyn, 351 P.3d 943 (Wyo. 2015). “The district court also determined that the gifting issues upon which Goodwyn prevailed were derivative claims, and it held that Goodwyn was entitled to reasonable attorney's fees relating to the derivative claims pursuant to Wyo. Stat. Ann. § 17-14-1104 . [T4] In Docket No.”
Wallop Canyon Ranch, LLC, a Wyoming Ltd. Liab. Co. v. Scott Madison Goodwyn, individually, as a Ltd. Partner, for himself & derivatively on behalf of the Wallop Fam. Ltd. P'ship, a Wyoming Ltd. P'ship, 2015 WY 81 (Wyo. 2015). “The district court also determined that the gifting issues upon which Goodwyn prevailed were derivative claims, and it held that Goodwyn was entitled to reasonable attorney’s fees relating to the derivative claims pursuant to Wyo. Stat. Ann. § 17-14-1104 . [¶4] In Docket No.”
Goodwyn v. Wallop, 366 P.3d 986 (Wyo. 2016). “In that opinion, this Court, among other things, affirmed a district court order awarding Seott Goodwyn attorney fees pursuant to Wyo. Stat. Ann. § 17-14-1104 , which permits an award of fees if a derivative claim against a limited partnership is successful "in whole or in part.”
Scott Madison Goodwyn, Individually, & as a Ltd. Partner, for himself & derivatively on behalf of the Wallop Fam. Ltd. P'ship, a Wyoming Ltd. P'ship v. Paul Stebbins Wallop as Pers. Rep. of the Est. of Malcolm Wallop, Paul Stebbins Wallop as Successor Tr. under the Malcolm Wallop Revocable Trust under Agreement dated January 2, 2008 Paul Stebbins Wallop, Individually Wallop Canyon Ranch, LLC, a Wyoming Ltd. Liab. Co. Wallop Fam. Ltd. P'ship, a Wyoming Ltd. P'ship, 2016 WY 14 (Wyo. 2016). “In that opinion, this Court, among other things, affirmed a district court order awarding Scott Goodwyn attorney fees pursuant to Wyo. Stat. Ann § 17-14-1104, which permits an award of fees if a derivative claim against a limited partnership is successful “in whole or in part.”
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