Supreme Court of Delaware

Ccur Holdings, Inc. v. Samuels

July 22, 2022

Summary

The Supreme Court of Delaware refused CCUR Holdings’ application for interlocutory review of the Court of Chancery’s order denying dismissal of a statutory claim under Section 155(2). The Court held that the strict requirements for interlocutory certification were not satisfied because exceptional circumstances were absent and the benefits of immediate review did not outweigh the likely costs and disruption. The merits of whether Section 155(2) supports a standalone claim were therefore left for further proceedings in the Court of Chancery.