Chancery Orders Fierce TransPerfect Dispute Into Mediation
Law360, Wilmington (June 2, 2017, 9:08 PM EDT) -- A Delaware Chancery judge ordered both sides in the rancorous dispute over legal translation firm TransPerfect, which he ordered be sold to break a deadlock between its warring founders, into mediation Friday under former Chancellor William B. Chandler III with hopes of finally solving the litigation firestorm engulfing the company.
The order from Chancellor Andre G. Bouchard came during a hearing in Wilmington over whether Shirley Shawe, the mother of one of the battling co-founders who is also a 1-percent shareholder in the company, can force a stockholder meeting where she claims she would vote her shares with her son’s rival...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!