Bloomberg Law
Aug. 31, 2016, 1:01 PM UTC

America’s Top Business Court Gets Dragged Into a Lover’s Quarrel

Bloomberg Media

By Jef Feeley and Katherine Greifeld, Bloomberg News

It was the classic love story — turned soap opera. Elizabeth Elting and Philip Shawe founded a Manhattan-based translation-services company in their New York University dorm room for MBA students two decades ago. They owned it 50-50. Eventually, they got engaged.

But by 2011 the couple was feuding over who should run the company, TransPerfect Global Inc., and bickering about everything from taxes to payroll. They broke off their engagement.

Today, this story of love and business gone bad is at the center of an unlikely debate: whether Delaware’s mighty business court ...

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