Skadden Partner Who Ran Transperfect Sale Hit With Fee Dispute

A former partner at Skadden, Arps, Slate, Meagher & Flom was hit with a lawsuit challenging the fees he wants for serving as tiebreaking director of Transperfect Global Inc. and running its forced sale after a controversial court ruling.

A Delaware judge in 2015 appointed Robert B. Pincus custodian of the translation company and ordered it sold at auction, finding that co-founders Liz Elting and Phil Shawe were incapable of running it after breaking off their romantic relationship.

A divided Delaware Supreme Court upheld the appointment in a 2017 ruling, <-bsp-article-citation state="{"cms.site.owner":{"_ref":"00000166-e5a9-d785-a767-fffdcac50000","_type":"00000151-acf5-d1ce-a159-bff728d6001e"},"cms.content.publishDate":1565889641406,"cms.content.publishUser":{"_ref":"00000169-4e46-d1a2-ad7d-5fc645ac0000","_type":"00000151-acf5-d1ce-a159-bff728d8001b"},"cms.content.updateDate":1565889641406,"cms.content.updateUser":{"_ref":"00000169-4e46-d1a2-ad7d-5fc645ac0000","_type":"00000151-acf5-d1ce-a159-bff728d8001b"},"articleCitation":{"linkArticle":{"_ref":"0000015a-3953-d3a9-a95b-39fb14bc0000","_type":"00000151-acf5-d1ce-a159-bff728d50010"},"_id":"0000016c-964b-deae-a97f-f6cf8a5e0000","_type":"00000160-bca2-df03-a1ef-bcef37330000"},"_id":"0000016c-964b-deae-a97f-f6cf8a170000","_type":"00000160-bca2-df03-a1ef-bcef37350000"}">rejecting the argument that the judge exceeded his authority ...