TransPerfect

Last updated

TransPerfect
Company type Private
Industry
Founded1992 (1992)
Founders
Headquarters
New York City
,
United States
Area served
Worldwide
Key people
 Phil Shawe (CEO)
Products
  • GlobalLink
  • StudioNext
  • DataForce
  • AppLanga
Services
  • Subtitling
  • Dubbing
  • Translation
  • Closed captioning
Revenue US$1,100,000,000 [1] [2]  (2022)
Number of employees
7,000 [3]  (2021)
Divisions
Website www.transperfect.com

TransPerfect is a New York City-based translation and language services company. The company serves clients in many fields, such as film, gaming, law, and healthcare. [4] [5] As of 2012, TransPerfect is "the largest privately owned language services provider, with offices in over 100 cities worldwide" and more than 7,500 employees. [6] [7] [8] [9]

Contents

History

TransPerfect's founders Elizabeth Elting and Phil Shawe met in a New York University (NYU) dormitory room and founded the company in 1992. With no external financing, TransPerfect grew from a two-person dormitory-based operation into one of the 125 largest privately held companies in the New York area. [10]

In 1998, the firm began expanding worldwide. In 1999, TransPerfect established a technology division, launching Translations.com with several million dollars in outside investment to meet the demand for software and website translations. [11] In 2004, they bought out their investors and merged TransPerfect and Translations.com. [11]

The company grew using primarily live translation services from multilingual people all over the world. In 2003, TransPerfect began using Wordfast, which was initially developed as a platform-independent translation memory software. While TransPerfect used the Wordfast product under license, [12] it remained a wholly separate entity that is operated by the software’s founder Yves Champollion. [13]

As its revenues grew to nearly $65 million in 2005, the firm continued making key acquisitions. TransPerfect acquired Crimson Language Services, a Boston-based medical and other highly-regulated industries translation company. [14]

Adding to its business, TransPerfect acquired Digital Reef in 2012 and entered the electronic discovery business. [15]

In 2013, the company acquired Vasont Systems, a component content management system that helps companies publish multilingual technical documentation, product manuals, and other business information. [16]

From 2015 to 2018, TransPerfect was involved in a legal dispute between its founders. [17] [18] It closed 2016 with sales at $546 million and its sales for the full year 2017 totaled $614.8m. [19] Two months after the conclusion of the three-year lawsuit that ended with Shawe becoming the sole owner, the company posted its most successful month's revenues in June 2018, at $62 million. [20] It posted $337 million for the first half of 2018, which was up nearly 20% from 2017. [21]

In 2019 the company acquired media localization companies in the areas of gaming and streaming services, and opened a new 900-seat facility in Arizona. [22] [23]

In 2019, TransPerfect acquired the marketing and naming rights to the annual Music City Bowl for a five-year period. [24] [25] The 2020 game was cancelled due to covid, making its sponsorship through 2025. [26]

In 2021, TransPerfect acquired Swedish language-technology business Semantix for $100 million dollars from the private equity fund Segulah Advisors. [27] The acquisition allowed TransPerfect to provide translation and interpretation services for both the public and private sectors throughout the Nordic region, a place they previously had limited access.

In August 2022, TransPerfect acquired Sterling Technology, a European provider of virtual data rooms. [28] The acquisition puts the companies in a better position to compete against the larger players in the VDR market, which businesses use to securely send and store information for complex financial transactions.

In October 2022, TransPerfect closed a deal to buy Paris based Hiventy Group, which specializes in technical audiovisual services including post-production, localization, distribution, and film restoration. The acquisition brings the total owned-and-operated footprint to over 90 recording rooms and eight theatrical rooms worldwide for the company. [29]

The company posted its 2022 revenues at $1.16 Billion, marking its 30th year of business and growth and 120 consecutive quarters of increased revenue for the privately held company. [1]

Founders dispute

Following an apparent difficulty in communications between one another, Elting considered her options regarding her 50% ownership of the company. Among the issues she was concerned with was the value of her 50% ownership share. [30] Elting sought relief from the legal system. Shawe saw that as an attempt by Elting to use the courts to help her negotiate an exit agreement. [31] In 2014, Elting sought to remove Shawe as an officer of TransPerfect Translations International, Inc. (TPI). Elting sought an injunction barring Shawe from conducting any managerial activity related to TransPerfect and sought the dissolution of TransPerfect, alleging that Shawe had engaged in "erratic and abusive behavior". [32] [33] New York State Supreme Court Justice Melvin Schweitzer dismissed the case, suggesting the two needed to work it out privately and not seek remedy from a court. [34]

Forced sale

The suit was then taken to the Delaware Chancery where Elting reissued her complaint, and Shawe alleged that Elting had breached her fiduciary duties by not moving ahead with certain business-related opportunities, such as leases, acquisitions, and diverting funds for her own personal use. [35] In August 2015, The Chancellor of the Delaware Chancery Court, Andre Bouchard, decided to have a third-party sell the shares of the company in a public auction. [36]

Former New York Mayor Rudolph Giuliani chimed in and suggested that the court decision in Delaware would harm Delaware's status as a popular business incorporation state. [37] [38] NY Justice Schweitzer also publicly commented on the case in Delaware, saying, "I was kind of shocked at how extreme the result was... The company is still doing phenomenally well and I thought there were steps that should have been taken short of ordering a sale. That's what I would have done if I still had the case." [39]

The argument against the Chancellor has been the misapplication of Delaware General Corporation Law, [40] clause 226 that authorizes the sale of a company when it faces financial default and other catastrophic issues. Here, as the company has only proven to do even better each year, even during this lawsuit period. [41] The defendants have argued that the company has not suffered and that the only remedy is the appointment of tie-breaking board member to help move issues along. [42] Following Bouchard's decision, Shawe sought an appeal of the ruling and the oral argument was held on 18 January 2017. [43]

For the appeal, Professor Alan Dershowitz argued for Shirley Shawe, a 1% owner in the company. [44] Dershowitz argued that Chancellor Bouchard's decision was tantamount to an illegal constitutional taking. [44] Delaware Chief justice Leo Strine argued back to Dershowitz that he had no right to bring that up since it was not in the initial case, and the two argued over the law. [45] The appeal affirmed Bouchard's decision. [46] Shawe and Dershowitz then suggested that they will petition the U.S. Supreme Court for certiorari. [47] In March 2017, Shirley Shawe announced that she would attempt to break the manufactured corporate deadlock to end the legal case and stop the court imposed sale, [48] and laid out a plan to vote her single share with Elting's 50%, giving Elting control to appoint five board members with staggered terms, making it mathematically improbable for deadlock to ensue. [49] [50] Elting's team rejected that offer, advising that there was already a sale order in place. [51] [52] On 2 June 2017, the Delaware Chancellor heard the case of Shirley Shawe's proposal to grant the votes of her 1% to Elting to cede control, and simultaneously heard the motion by Elting to sanction Shawe for trying to settle the case without the public sale. [53] Bouchard appeared unsettled by the amount of media that this case has garnered, [54] [55] and stated that this case should settle out of court. [53] During the hearing, he challenged Elting, asking her why she would not accept control of the company as she has stated she wanted during the initial case and the appeal, [56] and her attorney intervened and stated that she would not run a company where Philip Shawe owned 49%. [56] [57]

Judge Bouchard chose to order mediation while still pursuing the public sale order, [56] [57] [53] stating that he had appointed former Chancellor Bill Chandler to mediate, and would not rule on either motion for at least 30 days. [57]

After the final round of bidding for the company on 10 November passed, late in the evening on 14 November 2017, Delaware State Senator Colin Bonini wrote an email to Chancellor Andre Bouchard asking to be permitted to oversee the review of bids. Bonini cited questions of "conflicts that would make the auction process appear 'rigged or invalid,'" dealing with Credit Suisse, the investment bank running the TransPerfect auction, and the law firm Skadden Arps, and one of the bidders that was allegedly intertwined with both. [58] Bouchard notified the parties that he would not take any action on the letter, but entered it into the public record; several media then reported the letter and the allegations. [59]

With more than two years of litigation and legal questions over whether a court can order the auction of a successful private company that is not in distress or bankruptcy, [60] the court appointed custodian, Robert Pincus, a partner at Skadden Arps, announced in a 20 November 2017 email to the employees of the company, that Philip Shawe was the successful bidder in the public auction, and that he was in final talks to bring this matter to an end. [61]

In November 2022, TransPerfect filed certiorari in the United States Supreme Court to challenge the Delaware Chancery's previous ruling of contempt and sanctions against TransPerfect for filing a suit across "jurisdictional lines" when the company challenged a set of Chancery rulings in Nevada, its state of incorporation. TransPerfect claimed the contempt finding violated rights protected by the First and Fourteenth amendments, arguing the company should have been permitted to proceed with its Nevada case and not allowing it to do so could serve as a warning to other corporate litigants. [62]

Also, in November 2022, the company filed a securities fraud lawsuit against the former court appointed custodian Pincus and financial advisor Credit Suisse in the Federal District of Delaware. The suit claims the two intentionally led Shawe to overbid on his ex-partners TransPerfect shares by $70 million, by lying about the money Shawe would need to bid to gain control of Elting's TransPerfect shares in order to save face with the Chancery Court and get a bigger payout themselves. The company alleged that Pincus and Credit Suisse reportedly told TransPerfect and Shawe there had been bids higher than theirs in the auction, and that to successfully purchase Elting's shares, they would have to raise their bid an additional $70 million. The information for the complaint was based on information obtained during discovery in a New York litigation issue, and that Shawe's bid of $710 million was already the highest made in the auction when accounting for deductions and tax considerations. [63]

The company has since been contending that Pincus has continued to submit legal bills more than one year after his role ended in 2018, and attorneys for the company are seeking to have the legal bills itemized and explained, which Bouchard has continuously denied. [64] [65]

On 10 July 2019, one last issue of TransPerfect was raised before the Chancery court. Elting sued one more time for legal bills that she claimed were owed to her by the company under her indemnification clause, while the company maintained that it paid what was due and that these expenses fell outside of the agreement. [66]

Another set of legal disputes rising from issues related to the protracted sale order case in Delaware, TransPerfect and Shawe had claimed that Skadden Arps had been billing excessively for work it would not explain, and the Chancellor granted the law firm's fee requests without Transperfect having an opportunity to review it. [67] Chancellor Bouchard had sided with the law firm and continued to permit it to submit invoices for unspecified work. [68] Shawe contended that the invoices be itemized and made public, but the Chancellor agreed with Skadden that by requiring a law firm to disclose what it was billing in a public forum could harm the ability for companies registered in Delaware to protect its interests. [69] The Chancellor agreed and mandated that the invoices must remain hidden, but lawyers for Shawe and TransPerfect could view limited details and then, within a certain time frame, submit disputes to items it takes issue with. As a result, Skadden Arps has included in its billing to TransPerfect, charges to defend its interests against Shawe's requests to see itemized invoices. [70] [71]

Employee group forms

Included in this case has been a campaign waged by a group that calls itself Citizens for a Pro-Business Delaware [72] to lobby the legislature to change the chancery rules regarding the forced sale of a private, well performing company. [73] The group claims over 1200 members. [74] "Citizens " built a website, has run television commercials, [75] taken billboard and newspaper ads, petitioned elected leaders [76] and held press conferences to press the issue of their concern for the jobs that may be lost [74] and the impact this decision would have on Delaware's ability to continue attracting new companies to incorporate in the state. [77]

There have been charges of unethical actions by Elting's law firm Kramer Levin Naftalis & Frankel, [78] which was sanctioned by the Chancery Court for "repeatedly instruct[ing] a witness not to answer questions." [79]

A defamation suit was filed by Shirley Shawe against Kramer Levin, claiming that its lead attorney on the case "crossed the line" by making false statements in connection with the Delaware sale case that "were intended to damage Shawe's business and personal reputation," while talking to a reporter about the case. [80] Citing that same interview, attorney Philip Kaufman was also accused of contradicting himself when he argued before the appeal court from what he claimed to the reporter. [81] Shawe ran a series of TV ads highlighting the varying sets of comments made by Kaufman and the video was posted to YouTube. [82]

Related Research Articles

<span class="mw-page-title-main">Delaware General Corporation Law</span> Statute governing corporate law in Delaware

The Delaware General Corporation Law is the statute of the Delaware Code that governs corporate law in the U.S. state of Delaware. The statute was adopted in 1899. Since then, Delaware has become the most prevalent jurisdiction in United States corporate law and has been described as the de facto corporate capital of the United States.

<span class="mw-page-title-main">Skadden, Arps, Slate, Meagher & Flom</span> International law firm

Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates, typically shortened to Skadden, is an American multinational law firm headquartered in New York City. The company is known for its work on company mergers and takeovers.

<span class="mw-page-title-main">Delaware Court of Chancery</span> Court of equity in Delaware, United States

The Delaware Court of Chancery is a court of equity in the U.S. state of Delaware. It is one of Delaware's three constitutional courts, along with the Supreme Court and Superior Court. Since 2018, the court consists of seven judges. The court is known for being a hub for corporate governance litigation in the United States, as two-thirds of Fortune 500 companies are incorporated in Delaware. It is among the preeminent business courts in the world.

<span class="mw-page-title-main">Alan Dershowitz</span> American lawyer and author (born 1938)

Alan Morton Dershowitz is an American lawyer and law professor known for his work in U.S. constitutional law and American criminal law. From 1964 to 2013, he taught at Harvard Law School, where he was appointed as the Felix Frankfurter Professor of Law in 1993. Dershowitz is a regular media contributor, political commentator, and legal analyst.

<span class="mw-page-title-main">Wordfast</span>

The name Wordfast is used for any number of translation memory products developed by Wordfast LLC. The original Wordfast product, now called Wordfast Classic, was developed by Yves Champollion in 1999 as a cheaper alternative to Trados, a translation memory program. The current Wordfast products run on a variety of platforms but use largely compatible translation memory formats, and often also have similar workflows. Wordfast LLC is based in Delaware, United States, although most of the development takes place in Paris, France. There is also a support center in the Czech Republic. The company has around 50 employees.

Reed Smith LLP is a global law firm with more than 1,500 lawyers in 30 offices throughout the United States, Europe, the Middle East and Asia.

Leo E. Strine, Jr. is an American attorney and retired judge for the state of Delaware. He served on the Delaware Court of Chancery as vice chancellor from 1998 to 2011 and chancellor from 2011 to 2014, and as the chief justice of the Delaware Supreme Court from 2014 to 2019. Strine has worked in private practice since 2020.

<span class="mw-page-title-main">Government of Delaware</span> State government of the United States

The Government of Delaware encompasses the administrative structure of the US state of Delaware as established by its 1897 constitution. Analogously to the US federal government, it is composed of three branches: executive, legislative, and judicial. The Governor is head of the executive, the General Assembly is the legislature, and the Supreme Court is the highest court. The state is also organized into counties, municipalities, school districts, and special districts.

In re Walt Disney Derivative Litigation, 907 A 2d 693 (2005) is a U.S. corporate law case concerning the scope of the duty of care under Delaware law. Disney is the leading case on executive compensation.

Carolyn Berger is a former justice of the Delaware Supreme Court, and a former vice chancellor on the Delaware Court of Chancery. She was the first female member of both courts.

<span class="mw-page-title-main">Young Conaway Stargatt & Taylor</span> American law practice in Delaware

Young Conaway Stargatt & Taylor, LLP (YCST) is an American law practice based in Wilmington, Delaware. YCST is the second largest law firm in the state of Delaware, and provides legal services to a number of local and international clients. In 2014 YCST was ranked by Chambers USA legal organization as a national leader in the legal profession. From 2011 to 2015 it represented Jay Miscovich during the Miscovich Emeralds Hoax. The law firm notably served as the now-defunct Kodak's legal council during the camera company's bankruptcy proceedings and longstanding patent disputes with Apple.

Reid Collins & Tsai LLP is a national trial law firm with offices in New York, Austin, Dallas, Wilmington, and Washington, D.C. The firm represents plaintiffs in complex commercial litigation on a mixed-fee or contingency-fee basis.

Elizabeth Elting is an American businesswoman, entrepreneur, and philanthropist. She co-founded and served as co-chief executive officer of TransPerfect, the world's largest translation services provider, for 25 years. She has been named to Forbes magazine's list of the Richest Self-Made Women since 2016, with a net worth of $420 million.

<span class="mw-page-title-main">Martin P. Russo</span>

Martin P. Russo is an American trial lawyer of Sicilian and Cuban heritage from New York. He handles complex business litigation in state and federal courts throughout the United States, and other matters pending in administrative and alternative dispute resolution forums. He has handled bet-the-company litigations, complicated commercial disputes, financial services litigation, regulatory defense, white collar defense, corporate compliance, and internal investigations for publicly held and private companies in the United States and abroad.

<span class="mw-page-title-main">Kathaleen McCormick</span> American judge from Delaware

Kathaleen Saint Jude McCormick is an American lawyer and judge on the Delaware Court of Chancery, first as a vice chancellor from 2018 to 2021 and then as the current chancellor since 2021. She is the first female chancellor in Delaware history.

<span class="mw-page-title-main">Philip R. Shawe</span> American co-founder and CEO of TransPerfect in 1992

Philip Reid Shawe "Phil" is an American businessperson. He is the Co-Founder and current Co-CEO of TransPerfect. He has overseen the day-to-day operations of the company since its founding in 1992. Shawe was named Entrepreneur of the Year for New York City by Ernst & Young and named to Crain's New York “40 Under 40 list” as one of the top young executives in New York.

<span class="mw-page-title-main">J. Travis Laster</span> American corporate lawyer and judge

James Travis Laster is an American corporate lawyer and judge who has served as a Vice Chancellor of the Delaware Court of Chancery since 2009.

<span class="mw-page-title-main">Morgan Zurn</span> American judge from Delaware

Morgan T. Zurn is an American lawyer and judge on the Delaware Court of Chancery.

<span class="mw-page-title-main">Lori W. Will</span> American judge from Delaware

Lori W. Will is an American lawyer and judge on the Delaware Court of Chancery.

Joseph R. Slights III is a lawyer and retired American judge who served on the Delaware Court of Chancery from 2016 to 2022, and the Superior Court of Delaware from 2000 to 2012, playing an instrumental role in creating that court's Complex Commercial Litigation Division.

References

  1. 1 2 Bond, Esther (6 February 2023). "TransPerfect Revenues Climb to USD 1.16 Billion in 2022, up 4.6% Year-on-Year". Slator.
  2. ↑ "TransPerfect Widens Lead as World's Largest Provider of Translation-Related Technology and Services". GlobeNewswire. Retrieved 7 February 2019.
  3. ↑ Collins, Bryan (16 May 2019). "TransPerfect CEO Phil Shawe Explains How Leaders Spend Their Day". Forbes.
  4. ↑ Bond, Esther (6 September 2019). "TransPerfect Acquires Game Localization Specialist MoGi Group". Slator.
  5. ↑ Stengel, Geri (27 February 2013). "A $340 Million Company Shares Strategies For Growing Without Outside Funding". Forbes. Retrieved 11 January 2016.
  6. ↑ reporter, Luis Rios / El Paso Inc (12 July 2022). "Westside contact center to employ over 400". El Paso Inc.
  7. ↑ Elstein, Aaron (19 December 2019). "TransPerfect to be first New York company to put name on college bowl game". Crain's New York Business.
  8. ↑ Chase, Randall (13 February 2017). "Court-Ordered Sale of TransPerfect Translation Company Is Upheld". New York Times.
  9. ↑ Stengel, Geri (11 January 2012). "Want to Grow the Economy? Change Four Attitudes About Women Entrepreneurs". Forbes. Retrieved 11 January 2016.
  10. ↑ "Top 125 Privately Held Companies". Crain's New York Business. Crain Communications, Inc. 19 November 2012. Retrieved 19 June 2013.
  11. 1 2 Savchuk, Katia (25 March 2016). "Inside The Nasty Corporate Divorce Between Ex-Lovers Who Built A Company Worth Nearly $1 Billion". Forbes.
  12. ↑ Smart, Andrew (11 September 2017). "Wordfast May Not Be Part of TransPerfect Sale | Slator". Slator.
  13. ↑ Taylor, Charlie (14 October 2017). "Pirates of the First State: At Business Climate's End". Coastal Network.
  14. ↑ DePalma, Donald A. (27 October 2005). "Merger and Acquisition Activity Continues as TransPerfect Acquires Crimson". www.commonsenseadvisory.com. Common Sense Advisory, Inc.
  15. ↑ Alspach, Kyle (4 October 2012). "Matrix-backed Digital Reef acquired by TransPerfect". www.bizjournals.com. Boston Business Journal.
  16. ↑ "TransPerfect Merger with Vasont: One-Stop Solution for Global Clients". TechWhirl. Tech Writer Today Magazine. 27 January 2014.
  17. ↑ Bell, Terena (27 April 2017). "A flawed decision on TransPerfect". Crain's New York Business. Crain Communications.
  18. ↑ TransPerfect. "TransPerfect Annual Sales Reach All-Time High in 2016". GlobeNewswire News Room. TransPerfect.
  19. ↑ "TransPerfect Posts Record USD 615M Revenue for 2017 | Slator". Slator. 17 January 2018. Retrieved 8 February 2018.
  20. ↑ Rainey, Douglas (15 July 2018). "TransPerfect reports record revenue after court clears way for co-founder to buy out partner - Delaware Business Now". delawarebusinessnow.com.
  21. ↑ Kosman, Josh (13 July 2018). "TransPerfect business booming after years-long 'custody' battle". New York Post. News Corp.
  22. ↑ Ringle, Hayley (9 October 2018). "New York translation services firm hiring hundreds for expanded Phoenix call center". www.bizjournals.com.
  23. ↑ Bond, Esther (7 October 2019). "TransPerfect Buys Lylo, Lassostudios, Sublime, and AGM in Media Loc Acquisition Spree". Slator.
  24. ↑ "TRANSPERFECT SIGNS ON AS TITLE SPONSOR FOR THE MUSIC CITY BOWL". Inside The Huddle. Music City Bowl.
  25. ↑ Organ, Mike (8 December 2019). "TransPerfect becomes title sponsor of the Music City Bowl". The Tennessean. Retrieved 2 January 2024.
  26. ↑ Cobb, David (27 December 2020). "2020 Music City Bowl canceled as COVID-19 outbreak forces Missouri to pull out of game vs. Iowa". CBSSports.com. CBS News.
  27. ↑ Cumming, Chris (31 July 2021). "Segulah sells translation firm Semantix for $100m". www.penews.com. WSJ.
  28. ↑ Bergman, Ben (26 August 2022). "Exclusive: TransPerfect is buying Sterling Technology, uniting the world's largest language service provider with the European virtual data room startup". Business Insider. Business Insider.
  29. ↑ Group, TransPerfect, Hiventy (18 October 2022). "TransPerfect Acquires Hiventy Group". Longview News-Journal.{{cite news}}: |last1= has generic name (help)CS1 maint: multiple names: authors list (link)
  30. ↑ Rainey, Douglas (2 January 2017). "Did TransPerfect's Shawe get a fair shake in sales dispute?". No. a would-be buyer other than Shawe would not pay top-dollar for a 50-50 share that would still leave control of the company in limbo. bird street media llc. Delaware Business Now.
  31. ↑ Faes, Florian (29 November 2016). "A Fight About Money, Not Spite, Says TransPerfect's Phil Shawe". Slator.com.
  32. ↑ Elting v. Shawe(Supreme Court Of The State Of New York County Of New York4 August 2014), Text .
  33. ↑ Ross, Barbara (18 June 2014). "Co-founder of $400 million company seeks restraining order against his business partner and former lover". New York Daily News. NYDailyNews.com. Retrieved 18 June 2014.
  34. ↑ "TransPerfect Translations International Announces Major Victory In New York Supreme Court". PR Newswire. The Street. 8 September 2014.
  35. ↑ Chiappardi, Matthew (3 June 2015). "TransPerfect Co-CEOs Warned To Make Peace Or Else". Portfolio Media, Inc. Law360.
  36. ↑ "Court orders feuding biz partners, ex-lovers, to sell their profitable translation firm".
  37. ↑ Mordock, Jeffrey (22 April 2016). "Giuliani blasts Delaware court for decision in lover's spat". News Journal. USA Today. Delaware Online.
  38. ↑ Davidoff Solomon, Steven (15 November 2016). "TransPerfect Is Threatened by Owners' Petulance". Dealbook. New York Times.
  39. ↑ Mordock, Jeff (12 January 2017). "Shawe adds celebrity attorney Dershowitz to legal team". The News Journal. USA Today. The Arizona Republic.
  40. ↑ Samaha, Sarah M. (2018). "Shawe v. Elting: The Imperfect Sale of TransPerfect Global, Inc". Maryland Law Review. 77 (3): 900–927. Retrieved 25 July 2018.
  41. ↑ Bonini, Colin (8 February 2017). "We must keep Delaware the best place for business". Delaware Voice. USA Today Network. The News Journal.
  42. ↑ Lucas, Fred (27 May 2016). "Judicial Overreach: Small Court, Big Economic Ramifications". Townhall.com. Townhall.
  43. ↑ Mordock, Jeffrey (16 November 2016). "Supreme Court to hear TransPerfect case on Jan. 18". The News Journal. Delaware Online. USA Today Network.
  44. 1 2 Feeley, Jef (18 January 2017). "Dershowitz Adds Star Power to Heated TransPerfect Fight". Bloomberg. Bloomberg LP.
  45. ↑ Mordock, Jeff. "Alan Dershowitz, Justice Strine spar over TransPerfect". New Journal. No. 18 January 2017. Delawareonline. USA Today.
  46. ↑ McParland, Tom (13 February 2017). "Del. Supreme Court Upholds Forced Sale of TransPerfect". Delaware Law Weekly. ALM Media Properties, LLC.
  47. ↑ McParland, Tom (20 January 2017). "TransPerfect-Linked Group Lobbies to Curb Forced Sales of Corporations". Delaware Law Weekly. ALM Media Properties, LLC.
  48. ↑ Durkin, Brian C. (2018). "Manufactured Deadlocks? The Problematic "Bad Faith Defense" to Forced-Sales of Delaware Corporations Under Section 226 of the Delaware General Corporation Law". Boston College Law Review. 59 (2): 724–761.
  49. ↑ Pappas, Leslie (16 March 2017). "TransPerfect Shareholder Offers to Break Owner Deadlock". Bloomberg. Bloomberg BNA.
  50. ↑ Sullivan, Vincent (21 April 2017). "TransPerfect Shareholder Seeks Meeting To Expand Board". Portfolio Media, Inc. Law360.
  51. ↑ Taylor, Charles (11 April 2017). "Milim/TransPerfect and the Delaware business climate". Times of Israel. Times of Israel.
  52. ↑ Bonini, Colin (21 March 2017). "The 51 percent solution in the Transperfect case". The News Journal Media Group. DelawareOnline.
  53. 1 2 3 Waltz, Samuel. "Analysis: TransPerfect crawling toward a resolution?". No. 20 June 2017. Delaware Business Times. Delaware Business Times.
  54. ↑ Reese, Hayley (10 July 2017). "Delaware Law Updates - TransPerfect's Controversial Business Divorce Continues, Illustrating The Need For LLC Operating Agreements". JD Supra, LLC. JDSupra.
  55. ↑ McParland, Thomas (5 June 2017). "Bouchard Sends TransPerfect Dispute to Mediation With Ex-Chancellor". ALM Media Properties, LLC. http://www.delbizcourt.com.{{cite news}}: External link in |agency= (help)
  56. 1 2 3 Chiappardi, Matt (2 June 2017). "Chancery Orders Fierce TransPerfect Dispute Into Mediation". LexisNexis. Law360.
  57. 1 2 3 Rainey, Douglas (3 June 2017). "Mediator appointed in effort to resolve TransPerfect impasse". Bird Street Media LLC. Delaware Business Now.
  58. ↑ Chiappardi, Matthew (15 November 2017). "Del. State Lawmaker Wants To Intervene In TransPerfect Sale - Law360". www.law360.com. Lexis Nexis. Law360.
  59. ↑ Rainey, Douglas (16 November 2017). "Bonini points to potential conflicts in process of selling TransPerfect - Delaware Business Now". Delaware Business Now. Delaware Business Now.
  60. ↑ McParland, Tom (21 November 2017). "Custodian Says Shawe to Purchase Rival's TransPerfect Stake | Delaware Business Court Insider". Delaware Business Court Insider. Law.com. Delaware Business Court Insider.
  61. ↑ Chiappardi, Matthew (21 November 2017). "Shawe Forges Deal To Buy TransPerfect After Bitter Fight - Law360". www.law360.com. Lexis Nexis. Law360.
  62. ↑ Bardash, Ellen. "TransPerfect, in Petition to SCOTUS, Says Chancery Sanction 'Threatens to Warp Complex Corporate Litigation'". Delaware Business Court Insider. No. 10 November 2022. ALM Media.
  63. ↑ Keckley, Andrea (10 November 2022). "Ex-Skadden Atty, Credit Suisse Accused Of Pushing Bid Boost - Law360". www.law360.com. ALM Publishing.
  64. ↑ Bennett, Judson (30 March 2019). "IT IS TIME TO REIGN IN THE CHANCERY COURT - TOO MANY ARBITRARY AND CAPRICIOUS RULINGS BY CHANCELLOR ANDRE BOUCHARD!". Coastal Network.
  65. ↑ Vuocolo, Alex; Mammarella, Ken (10 July 2019). "Advocates for TransPerfect pivot to 'good government' reforms - DBT". Delaware Business Times.
  66. ↑ Bennett, Judson (15 July 2019). "Drama in Delaware as Chancery Court's Bouchard Again Meets TransPerfect in Court". Coastal Network.
  67. ↑ Rubino, Kathryn (16 August 2019). "New Lawsuit Takes Aim At Skadden Billing Practices". Above the Law.
  68. ↑ Rainey, Douglas (9 October 2019). "Alan Dershowitz rejoins legal team in TransPerfect billing battle". Delaware Business Now.
  69. ↑ Leonard, Mike (21 October 2019). "TransPerfect Gets Invoices, Drops Skadden Suit, Appeals Fine". biglawbusiness.com. Bloomberg Law.
  70. ↑ Bennett, Judson (19 November 2019). "Bills Still not Visible, Despite Bouchard's Order for TransPerfect Transparency!". Coastal Network. Coastal Network.
  71. ↑ McParland, Tom (9 October 2019). "Skadden's Alleged 'Questionable Billing' at Heart of Del. Court Hearing". The American Lawyer. ALM. New York Law Journal.
  72. ↑ Hals, Thomas (13 February 2017). "Top Delaware court upholds sale of translation firm TransPerfect". Reuters. Yahoo News.
  73. ↑ "Citizens for a Pro-Business Delaware launches six-figure advertising effort". DELAWARE BUSINESS NOW. bird street media llc. 11 January 2017.
  74. 1 2 Mordock, Jeff (18 October 2016). "Supreme Court decision a loss for TransPerfect workers". News Journal. USA Today. Delaware Online.
  75. ↑ Mordock, Jeff (2 February 2017). "TransPerfect workers spend $300,000 on new TV ads". The News Journal. USA Today. Delaware Online.
  76. ↑ McParland, Tom (17 February 2017). "For TransPerfect-Aligned Group, a Legislative Waiting Game". Delaware Business Court Insider. ALM Media Properties, LLC.
  77. ↑ Feeley, Jef (13 February 2017). "Photographer: Henrik Sorensen/Getty Images TransPerfect's Auction Order Endorsed by Delaware High Court". Bloomberg Technology. Bloomberg LP.
  78. ↑ Rajamani, Maya (14 August 2015). "Chancery Sanctions Kramer Levin In TransPerfect Case". Law360. LexiNexis.
  79. ↑ CASSENS WEISS, DEBRA (30 September 2015). "Kramer Levin is sanctioned $135K for deposition conduct". ABA Journal. American Bar Association.
  80. ↑ Feeley, Jef (1 February 2017). "TransPerfect's Shawe Escalates Feud With Defamation Suit". Bloomberg Technology. Bloomberg LP.
  81. ↑ Rainey, Douglas (20 February 2017). "TransPerfect shareholder claims opposing attorney offers contradictory statements". Delaware Business Now. bird street media llc.
  82. ↑ Rainey, Doug (20 February 2017). "TransPerfect shareholder claims opposing attorney offers contradictory statements". bird street media llc. Delaware Business Now.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.