Riskin v. Burns

Summary

The Supreme Court of Delaware refused to accept an interlocutory appeal from the Court of Chancery's dismissal of a direct fiduciary-duty claim concerning a preferred-stock financing. Although the issue was substantial and potentially important, the Court held that the strict requirements for interlocutory review were not met because the plaintiff could pursue the claim derivatively and review would cause inefficiency, disruption, and probable costs. No separate opinions were issued.