Following TransPerfect Motion, Citizens for a Pro-Business Delaware Sends Mailer to 115,000 Households Slamming Skadden Arps and Chancery Court for Lack of Transparency

Following TransPerfect Motion, Citizens for a Pro-Business Delaware Sends Mailer to 115,000 Households Slamming Skadden Arps and Chancery Court for Lack of Transparency

Following TransPerfect Motion, Citizens for a Pro-Business Delaware Sends Mailer to 115,000 Households Slamming Skadden Arps and Chancery Court for Lack of Transparency

PR Newswire

WILMINGTON, Del., March 30, 2020 /PRNewswire/ -- Following a new development in the TransPerfect Global, Inc. case, Citizens for a Pro-Business Delaware announced a new mailer would be sent to 115,000 households in the state condemning the Court's lack of transparency.

Per a new motion filed by counsel for TransPerfect Global, Inc. and CEO Phil Shawe last week, the Chancery Court had extended the already "unprecedented confidentiality" offered to court-appointed custodian Robert Pincus and Partner Jennifer Voss from Skadden Arps for their billing practices to now include every single word from any objections made to those bills. According to the motion, "a compelling public interest is created when a Court-appointed, quasi-judicial, State actor with absolute and sweeping judicial immunity, uses his control of the company he was appointed to oversee to direct payment to his own firm for upwards of $10 million without ever presenting any invoices for the work allegedly performed to the Court or to the Company."

Said Chris Coffey, Citizens for a Pro-Business Delaware's Campaign Manager, "Chancellor Andre Bouchard's repeated refusal to implement transparency measures regarding disclosure of Skadden's billing practices in this case is an affront to all standards of judicial integrity and ethics. The people of Delaware deserve to know why their courts are allowing custodians to take indiscriminately from the companies under their jurisdiction."

The mail piece will go out this week.

Citizens for a Pro-Business Delaware is a group made up of more than 5,000 members including employees of the global translation services company TransPerfect, as well as concerned Delaware residents, business executives and others. They formed in April of 2016 to focus on raising awareness with Delaware residents, elected officials, and other stakeholders about the issue. While their primary goal of saving the company has been accomplished, they continue their efforts to fight for more transparency in the Delaware Chancery Court. For more information on Citizens for a Pro-Business Delaware or to join the cause, visit DelawareForBusiness.org.

Contact: Chris Coffey, ccoffey@tuskholdings.com

For a copy of the mailer please contact Citizens for a Pro-Business Delaware Campaign Manager, Chris Coffey at ccoffey@tuskholdings.com 

View original content to download multimedia:http://www.prnewswire.com/news-releases/following-transperfect-motion-citizens-for-a-pro-business-delaware-sends-mailer-to-115-000-households-slamming-skadden-arps-and-chancery-court-for-lack-of-transparency-301031943.html

SOURCE Citizens for a Pro-Business Delaware

(PRNewsfoto/Citizens for a Pro-Business Del)
Cision