Citizens for a Pro-Business Delaware Slams Ongoing Cronyism of Chancery Court Under New Chancellor McCormick

A History of ruling without due process breeds mistrust and injustice in courts

WILMINGTON, Del.--(BUSINESS WIRE)--Recently, lawyers for TransPerfect Global requested an alteration on new Chancery Court Chancellor Kathaleen McCormick’s swift decision to deny due process and grant Skadden Arps’ motion approving of their past billing practices. For years, TransPerfect has asked for transparency in billing practices by the Chancery Court-appointed Custodian of the company, Skadden Arps’ Robert Pincus, after having been billed more than $44 million in “undocumented fees and costs” over the past several years.

Said Chris Coffey, Campaign Manager of Citizens for a Pro-Business Delaware: “TransPerfect employees created Citizens so that other workers would not have to experience the fear of having their livelihoods in the hands of an opaque and out-of-touch Chancery Court. With the appointment of Chancellor McCormick, we have renewed hope that the Court will move away from the backdoor dealings that defined the Bouchard era, but this ruling does the opposite.”