Supreme Court of Delaware
David B. Perkins and Hatteras Investment Partners, LP (f/k/a Hatteras Funds. LP) v. Young Women's Christian…
July 7, 2026
Summary
The Supreme Court of Delaware refused interlocutory review of the Court of Chancery's denial of a motion to dismiss a double-derivative action under Court of Chancery Rule 23.1. The Court concluded that the strict certification standards were not met because exceptional circumstances were absent and the likely costs and disruption of interlocutory review outweighed its potential benefits.