Delaware Supreme Court to hear Equity Trust v. Interactive Brokers
The Delaware Supreme Court will hear the case of Equity Trust Co. v. Interactive Brokers LLC at 12:11 p.m. Wednesday, Oct. 24.
Equity Trust Co. alleges that the Supreme Court should reverse the trial court’s decision to grant Interactive Brokers’ motion to dismiss because the trial court erred by holding that, as a matter of law, Interactive Brokers' interpretation of the agreement was the only reasonable construction.
The original case revolved around Equity Trust Co. filing a complaint against Interactive Brokers LLC in 2017 for allegedly breached the parties’ service agreement by failing to make required payments of fees triggered by the closing and transfer of accounts following the decision.
Delaware Supreme Court case number 172, 2018