WILMINGTON, Del.--(BUSINESS WIRE)--Following a recent letter from Skadden Arps’ attorney Jennifer Voss to TransPerfect lawyers refusing to cash a payment of more than $1 million made for debts owed, Citizens for a Pro-Business Delaware (CPBD) is exposing the firm for its overzealous inclination to sue. The company continues to pay fees to Skadden after more than three years after the forced sale of the company.
The unprecedented forced sale of the profitable company sparked TransPerfect employees to start CPBD to promote transparency, accountability and diversity in Delaware courts for more just and fair rulings.
Said Citizens for a Pro-Business Delaware Campaign Manager Chris Coffey, “The residents of Delaware lose when powerful law firms can overburden the court system with more opportunities for selfish gain. Skadden Arps and their consultants have made more than 1000 times the median salary of a Delaware resident on a single case. Previous judges like Chancellor Andre Bouchard and former Skadden employees that now reign on the Chancery continue to allow the firm to sue TransPerfect and other companies rather than mediate, negotiate and serve the benefit of the public.
“We have come back year after year in hopes for change. We have received the attention of national media and we have seen small gains in exposing the way the Delaware court system is skewed to advance lawyer greed as opposed to worker and resident rights. The more we amplify the message, the more people join the effort, and we will continue on.”
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 unprecedented forced sale of TransPerfect. 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.
