Citizens for a Pro-Business Delaware Slams Skadden Partner Robert Pincus as Out-of-Touch for $2.85 Million Luxury Apartment Purchase, Plans Mail Campaign to Protest
Wilmington, DE – Today, Citizens for a Pro-Business Delaware's Campaign Manager, Chris Coffey has released the following statement regarding the former Skadden Arps Partner and ongoing TransPerfect Custodian Robert Pincus’ recent purchase of a $2.85 million luxury apartment in Washington, DC’s posh Wharf neighborhood:
"From his very first day as TransPerfect's custodian, Robert Pincus began taking advantage of the company and its thousands of employees by billing them for what would ultimately amount to over $14 million without saying why or what for, despite multiple efforts to force Pincus and Skadden to provide itemized invoices of the charges. Pincus and his partner Jennifer Voss’s shady Skaddenomics put an immeasurable strain on the company’s employees and were made possible by his former colleague and business partner, now-Chancery Court Chancellor, Andre Bouchard.
It’s this sort of unconscionable profiteering that has beleaguered the Chancery Court and the Delaware justice system for decades. Even as both sides of the TransPerfect dispute stood in agreement that the bills should be unsealed, the Chancery Court stood by their secretive process protecting no one but Pincus, whom they appointed, and his partner Jennifer Voss at Skadden. By consistently blocking attempts by TransPerfect to see what their money – which is still being taken from the pockets of the company’s thousands of employees despite the ongoing COVID-19 epidemic – is going towards, Chancellor Bouchard has continued to choose secrecy over transparency and Custodian Pincus over TransPerfect employees.
Now Pincus is using the money he earned on the backs of TransPerfect’s employees to live in a ritzy condo complex in DC’s Wharf neighborhood while he teaches at American University, proving how crassly out of touch he really is.
It’s egregious that Bob Pincus has purchased a second multimillion-dollar home after all the hurt he’s caused those who actually call Delaware home. In the coming days we will be sending out a mailer to his new neighbors urging them to ask him what he left behind in Delaware. If Robert Pincus thinks he can just run away from Delaware without answering for how he can afford such a swanky new place in Washington, he’s got another thing coming.”