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Apr 15, 2020
Translation industry news

1,000 TransPerfect Employees Demand Inquiry into Chancery Court-Skadden Arps Relationship

By: Andrea Capuselli

Wilmington, DE – Today, a letter co-signed by more than 1,000 TransPerfect Global, Inc. employees was sent to Delaware Governor John Carney, demanding an inquiry into the close, mutually-beneficial relationship between Delaware’s beleaguered Court of Chancery and the law firm of Skadden, Arps, Slate, Meagher & Flom LLP.

The letter comes following several recent motions filed by TransPerfect in the Delaware Court of Chancery alleging that the law firm of Skadden Arps has billed the translation services company for upwards of $14 million in undisclosed legal fees since being appointed the company’s custodian, causing significant financial harm to the company’s employees.

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Comments about this article


1,000 TransPerfect Employees Demand Inquiry into Chancery Court-Skadden Arps Relationship
CHGOFreelancer
CHGOFreelancer
United States
An update to the TransPerfect case Jul 27, 2020

Though Chancellor Bouchard did recently allow records of the $14 million in payments Skadden Arps made to themselves as custodian of TransPerfect can be unsealed and reviewed, this information never should've been kept confidential in the first place... See more
Though Chancellor Bouchard did recently allow records of the $14 million in payments Skadden Arps made to themselves as custodian of TransPerfect can be unsealed and reviewed, this information never should've been kept confidential in the first place. This ongoing saga is being used as an example of the abuse of the Delaware Court of Chancery's ability to assign former colleagues to such possibly lucrative (and exploitable) roles. ▲ Collapse
 
Lincoln Hui
Lincoln Hui  Identity Verified
Hong Kong
Local time: 19:11
Member
Chinese to English
+ ...
Sweet Schadenfreude Jul 27, 2020

I tried to be outraged that TransPerfect got cheated out of 14 million, but all I could work up was a warm, fuzzy feeling of gladness.

Philippe Etienne
Robert Forstag
 

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