Substantial injustice for the purposes of leave to appeal may be established where the applicant is exposed to the risk of an adverse finding in an accounting or inquiry that might prove unnecessary if the appeal succeeds, and the prospect of additional and unnecessary costs being incurred is very real. It is not a sufficient answer to the prospect of substantial injustice that there would be a further opportunity for appeal after a final order.
Orders that provide for the future conduct of proceedings (such as appointment of a special referee) remain interlocutory even where they are founded upon final conclusions on substantive issues. Inadequacy of reasons for rejecting a settlement agreement claim, particularly where documented transactions are not addressed, may constitute sufficient doubt to warrant leave to appeal. A stay of interlocutory orders pending appeal will be granted where the appeal would be defeated by the orders taking effect.
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