Supreme Court of Delaware

US Bank National Assoc v. Wood

November 5, 2018

Summary

The Supreme Court of Delaware refused to accept the defendants' interlocutory appeal from Court of Chancery orders that partly denied their motions to dismiss direct, derivative, and double-derivative claims. The Court held that the strict standards for interlocutory review were not satisfied because the case was not exceptional and the costs and disruption of interlocutory review outweighed its potential benefits.