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Citizens for Judicial Fairness Slams Latest Chancery Court Decision to Reject Skadden Fee Challenge in TransPerfect Case streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Arbitration - The Global Legal Post globallegalpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globallegalpost.com Daily Mail and Mail on Sunday newspapers.
Delaware is known to be business-friendly. But, is the business of doing business in the First State on the up and up? Is something rotten in Delaware? ....
Delaware Business Now Reading Time: 2 minutes Citizens for a Pro-Business Delaware is criticizing a decision by newly sworn-in Chancellor Kathaleen McCormick over billing for services related to the sale of TransPerfect. Lawyers for TransPerfect Global have requested a change on Chancery Court Chancellor Kathaleen McCormick’s decision regarding Skadden Arps’ past billing practices. TransPerfect has asked for more detail on billing practices from the Chancery Court-appointed custodian of the company, Robert Pincus, a former Skadden Arps partner, after being billed more than $44 million the past years. A letter to McCormick stated that “Pincus’s gamesmanship and bill churning continues with these motions and refusal to engage in discussions towards compromise solutions to outstanding issues… Encouraging and rewarding motion practice and scorched-earth tactics over compromise is the antithesis of judicial efficiency and has an antithetical resul ....