The Chancery Court-ordered sale of TransPerfect was set to move ahead Friday after Chancellor Andre G. Bouchard blocked in a last-ditch effort to break the corporate deadlock that has plagued the profitable translation-services company.
August 04, 2017 at 07:45 PM
1 minute read
The Chancery Court-ordered sale of TransPerfect was set to move ahead Friday after Chancellor Andre G. Bouchard blocked in a last-ditch effort to break the corporate deadlock that has plagued the profitable translation-services company.
Bouchard’s ruling came on competing motions from co-founder and CEO Elizabeth Elting and Shirley Shawe, the mother of TransPerfect’s other founder and chief executive Philip Shawe.
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