Bloomberg Law
Aug. 15, 2019, 6:06 PM

Skadden Partner Who Ran Transperfect Sale Hit With Fee Dispute

Mike Leonard
Mike Leonard
Legal Intelligence Reporter

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, rejecting the argument that the judge exceeded his authority ...

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