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Skadden Docked Over $625,000 in Unreasonable Fees Based on TransPerfect Objections
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Skadden Docked Over $625,000 in Unreasonable Fees Based on TransPerfect Objections
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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 offi
Citizens for a Pro-Business Delaware Slams Appointment of Robert Pincus as Special Master in Crystallex Sale
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Ross Aronstam Is the Delaware Chief Justice s Former Law Firm, Will the Chancellor Protect Them from Malpractice Claims?
The Delaware Chancery Court system is broken and in need of immediate repair. I have seen firsthand how greed and brazen conflicts of interest by an unaccountable judiciary can threaten the livelihood of thousands of employees and jeopardize a highly profitable and successful business. The latest example of the unfairness and absurdity of this system is an effort by the former attorneys for TransPerfect, the company I co-founded out of a dorm room in 1992, which now employs more than 6,000 people in over 100 offices around the world, to hold TransPerfect in contempt merely for seeking to enforce its rights in a court outside of Delaware.