April 30
th marks a special day for some. For those of you who are aware, I have covered the case of TransPerfect in Delaware for years now, and to this day, it remains the longest-running case in the Delaware Chancery Court. The story is a bizarre tale of what seemed to be a simple corporate break up between two owners, but in essence, has become an example of government overreach, lackluster oversight of the courts and brazen abuse of power to enrich friends of the various insiders within the Delaware system.
So why is today, April 30
th special? The employees and leadership of the world’s largest translation, language services and e-discovery companies, TransPerfect Global, with 6500 employees in over 100 offices, including the Israeli division called, Milim near Tel Aviv, are celebrating the last day of Delaware’s Chancellor Andre Bouchard’s time on the bench. He resigned with more than five years left on his term. He didn’t talk about his reasons, but court officials who know him well say, “he wants to spend more time with his family and pursue other interests.”