Bloomberg Law
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Law
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

TransPerfect Loses Appeal Over $3.2 Million in Skadden Fees (1)

June 1, 2022, 9:01 PMUpdated: June 1, 2022, 10:24 PM

TransPerfect Global Inc. lost its bitter battle to undo years of legal losses Wednesday, when Delaware’s top court rejected the company’s challenge to $3.2 million in fees and a series of rulings related to its former court-appointed custodian.

The state’s justices mostly upheld several decisions stemming from TransPerfect’s “seemingly endless” many-pronged attack on fees charged by the custodian—a former partner at Skadden, Arps, Slate, Meagher & Flom LLP—after the translation company’s court-ordered buyout by one of its founders.

Justice Gary F. Traynor, writing for the Delaware Supreme Court, said the fee award to custodian Robert Pincus was proper, his broad ...