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Share: NEW YORK and WILMINGTON, Del., May 03, 2021 (GLOBE NEWSWIRE) Today, TransPerfect announced that it has achieved a 15% reduction in outstanding fees sought by Robert Pincus, the ex-Skadden partner who occupied TransPerfect as custodian for more than three years. TransPerfect believes the decision validates claims that Skadden, acting as a State Actor, had engaged in unethical billing practices and fee gouging. Skadden, Chancellor Bouchard s previous employer, came under national criticism during its three-year occupation of the translation industry s largest and most successful company. Practices included multi-million dollar invoices labeled with only legal services, containing no specificity or support for the alleged work. Upon being ordered to disclose the nature of these fees, it was determined that Skadden overbilled TransPerfect by more than 15%.

New yorkUnited statesHong kongCity ofUnited kingdomMartin russoMark kearneyTransperfect globallinkRobert pincusPhil shaweChancery courtUs district courtState actorChancellor bouchardFederal courtsDelaware courts