Skadden Arps Continues to Abuse Custodianship Powers Despite Successful Resolution: Citizens for a Pro-Business Delaware

WILMINGTON, Del.--(BUSINESS WIRE)--Today, following a Delaware Business Court Insider article reporting that the custodianship case between TransPerfect Global’s co-founders had been successfully resolved, Citizens for a Pro-Business Delaware Campaign Manager Chris Coffey released the following statement:

“For all the unnecessary -- and ethically questionable -- meddling by the Chancery Court, Chancellor Bouchard, and his former law firm, Skadden Arps, yesterday’s settlement is the closing of an unnecessarily stressful chapter in the lives of the thousands of TransPerfect employees who founded Citizens for a Pro-Business Delaware.”