By Leslie A. Pappas, Bloomberg BNA
The co-owner of a New York-based translation company being sold due to irreconcilable management conflicts must pay his co-founder’s legal fees because his “unusually deplorable behavior” during litigation “obstructed discovery, concealed the truth, and impeded the administration of justice,” the Delaware Chancery Court ruled on Wednesday.
Philip R. Shawe, co-founder and co-CEO of Transperfect Global Inc., will pay the legal fees accrued by his co-founder and co-CEO Elizabeth Elting in a merits trial and a sanctions hearing earlier this year, Chancellor Andre Bouchard wrote in a 58-page memorandum opinion dated July 20.
The decision is the ...
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