Supreme Court of Delaware

In re Reinz Wisconsin Gasket, LLC, a cancelled Delaware limited liability company

July 10, 2023

Summary

The Supreme Court refused to accept an interlocutory appeal from the Court of Chancery's ruling that the cancelled entity could not retain counsel to participate in proceedings concerning appointment of a receiver. The Court agreed that the interlocutory-review criteria were not satisfied and that the likely inefficiency, disruption, and costs outweighed any benefits of immediate review.