Citizens for a Pro-Business Delaware Exposes Excessive Billing by Former TransPerfect Custodian and American University Washington College of Law Professor Robert Pincus with Mobile Billboard Truck...

WASHINGTON, D.C.--(BUSINESS WIRE)--Today, Citizens for a Pro-Business Delaware launched a mobile billboard truck campaign to expose the well-documented record of excessive and opaque billing from former Chancery Court-appointed TransPerfect Custodian and current “Special Master” of the Citgo sale, Skadden Arps’ Robert Pincus. The truck will park outside of the American University Washington College of Law Campus, where Pincus serves as an Adjunct Associate Professor and, ironically, teaches a class on “Deals.”

The billboard highlights Pincus’ malfeasance in multiple cases where he has abused his court- appointed powers to enrich himself at the expense of the companies involved in litigation. In the TransPerfect case, an independent legal billing expert found large numbers of generally objectionable billing practices’ from TransPerfect Custodian Robert Pincus and urged across- the-board fee reductions, only to be largely ignored by the Chancery Court, costing the company upwards of $50 million in total legal fees throughout the case.

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