Delphi Petroleum, Inc. v. Magellan Terminal Holdings, L.P.

Summary

The Supreme Court of Delaware reversed the Superior Court's prejudgment-interest determination and remanded for entry of judgment using Delphi's calculations. The Court held that its prior remand did not limit the Superior Court to examining only part of the parties' relationship, and that Delphi's methodology more fairly accounted for the parties' payments, overcharges, and overdue-balance interest. The Court directed entry of a final judgment without further proceedings to resolve the parties' calculations.