TransPerfect Co-CEOs Warned To Make Peace Or Else

Law360, Wilmington (June 3, 2015, 10:01 PM EDT) -- A Delaware Chancery judge Wednesday warned the co-CEOs warring over translation services firm TransPerfect Global Inc. to settle because he is prepared to write an opinion neither side will like in an ugly battle that features sanction bids from both sides, including one lodged against Kramer Levin Naftalis & Frankel LLP.

At the end of oral arguments in Wilmington, Chancellor Andre G. Bouchard said Co-CEOs Elizabeth Elting and Philip Shawe have until roughly the end of the month to independently come to some sort of resolution to their web of litigation over the future of the company, or the court record...

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