TransPerfect Global Inc. has turned to the Supreme Court of the United States for review of a contempt finding, arguing that a sanction imposed by the Delaware Court of Chancery could have a widespread chilling effect on corporate litigants’ jurisdictional options.

The petition for a writ of certiorari, filed Nov. 3, is one of two additional ways the translation services company and its CEO, Phil Shawe, began seeking in the span of a week to challenge the Court of Chancery’s handling of a long-running custodianship case, also bringing securities fraud claims in the District of Delaware against a custodian and financial advisor they claim intentionally led Shawe to overbid on his ex-partners TransPerfect shares by $70 million.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]