Citizens for a Pro-Business Delaware Slams Skadden Arps on Third Anniversary of TransPerfect Sale Agreement Execution

The Grassroots Government & Judicial Reform Advocacy Group Also Called for the Resignation of TransPerfect Custodian, Robert Pincus, and Lead Case Attorney, Jennifer Voss.

WILMINGTON, Del.--(BUSINESS WIRE)--Today, on the three-year anniversary of the execution of the unprecedented forced sale of TransPerfect, Citizens for a Pro-Business Delaware (CPBD) slammed Skadden Arps and Chancery Court-appointed custodian Robert Pincus for continuing to bilk the company for over $15 million dollars without itemized invoices or explanation of the work being done. CPBD also renewed its calls for Robert Pincus to resign from his role as custodian, along with the resignation of Skadden’s lead attorney on the case, Jennifer Voss.

Said Citizens for a Pro-Business Delaware Campaign Manager Chris Coffey, “It’s absolutely insane and indefensible that today, three whole years after the sale of TransPerfect was executed, Skadden Arps’ Bob Pincus and Jennifer Voss are continuing to bilk the company for millions of dollars without saying why or what for. Despite a court order to unseal the records, Skadden has failed to account for any of the more than $15 million they’ve raided from TransPerfect’s coffers – if they’ve really done $15 million worth of work, then why is Skadden so afraid to show the records?”