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Mother of TransPerfect Owner Offers King Solomon’s Solution

Folks, take a look at the story below and tell me that the TransPefect workers’ prayers have not been answered?! Now there is only one question to be answered, in my humble opinion. Will Chancellor Bouchard keep his hand in TransPerfect’s cookie jar? Will he continue to try to enrich his friends? Could there be a more apt platform to expose corruption? I have been telling you now for almost two years, I think Chancellor Bouchard is crooked as a $3 dollar bill, well now the true and ultimate test as to whether my controversial allegations are correct or not will be tested. YOU HEARD IT HERE FIRST: Rather than ending the case, I predict Bouchard will not allow Shirley Shawe to vote with Elting if indeed the Co-CEO agrees. I hope I’m wrong and Bouchard does the right thing and ends the litigation and removes the court from the affairs of a private company, but from what I’ve seen from this case so far, I just don’t see it happening. I truly hope I’m wrong here.  
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If he does let justice prevail, that would cut off the gravy train of money flowing to his Delaware cronies. My prediction, and again, I hope I’m wrong, is that Delaware’s Chancellor Bouchard will not allow an easy solution to a problem he can continue to make complex, obscure $15 million in crony bills from the public, and milk this successful company for every last dime. In my opinion, I bet dollars to donuts that Bouchard and his court-appointed, apparent henchman – Bob Pincus, who is serving as the tie-breaker at TransPerfect between the CEOs for when they disagree, will find some twisted rationale for continuing to force the sale of TransPerfect. It would be a shame when there is an easy solution now. I observe, what I believe is the unethical fiber that drives Bouchard and I don’t see him allowing the case to settle. But when you think about it folks, now there is absolutely no reason to have a sale or more litigation. There is no longer a reason to force a sale of the thriving business that is TransPerfect, which brought in more than $500 million in revenue last year, even as this court case dragged on.   I see this dreaded and crony-money-making gravy train continuing. And if indeed it does, if this isn’t a sign of corruption, what is??!! The legislature and people of Delaware must stand up to Bouchard, and allow this peaceful and amicable solution offered by Shirley Shawe to go through. In my opinion, we cannot stand idly by and let our beloved state of Delaware appear any more corrupt — especially after the “The Center for Pubic Integrity”, which won the Pulitzer Prize in 2014, graded our state’s Judicial Integrity an “F” — we must take a very hard look at this “leader” of our court of “equity”.
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  This will prove it folks-one way or the other. Again, I hope I’m wrong and Chancellor Bouchard, does what is right here to save this company! Who knew it would not be the judge to invoke the wisdom of King Solomon to save the company, but it would come from the most unlikely source, a 1% shareholder. Shirley Shawe, a mother who is trying to fix what is broken here, will put the baby with the wrong parent — in order to see the Delaware Chancery saw it in half, and continually pillage it for millions each month. Kudos to Shirley Shawe for offering to put the company and it’s 4,000 workers first — even ahead of her son.  

Deadlock broken Court not needed

  Shirley Shawe made it clear she’s had enough of this bizarre fight. “This has gone on for too long,” she said. Folks, it will be interesting to see if 1) Elizabeth Elting accepts this amazing resolution offer by Shirley Shawe or will her apparent greed surpass the genuine and moral righteousness of the offer to keep this company from being sold to the detriment of 4000 employees? and 2) will Chancellor Bouchard deny it and allow the fleecing of TransPerfect to continue until the company is sold at auction? As always, your comments are welcome. Yours truly, JUDSON Bennett-Coastal Network   [contact-form][contact-field label=”Name” type=”name” required=”1″ /][contact-field label=”Email” type=”email” required=”1″ /][contact-field label=”Website” type=”url” /][contact-field label=”Comment” type=”textarea” required=”1″ /][/contact-form]
Dear Honorable House Speaker Pete Schwartzkopf, Honorable Senate President Dave McBride, Minority Leaders- Honorable Representative Dan Short and Honorable Senator Gary Simpson: I urge you to open bi-partisan, public, investigative hearings into alleged corruption in Delaware that according to “Transparency International” is rampant. Certain aspects of the State of Delaware have become a bedrock of corruption according to some in regard to the corporate registration system. Frankly, from my research in the TransPerfect case, I truly believe there were irregularities in the Court of Chancery and that Chancellor Andre Bouchard, whose decisions and allowances have apparently created a legal fleecing of this great company to the tune of $15 million dollars in one year, needs to be investigated as well. What secret arrangements might have been cut in the back rooms of the Delaware Justice system? Has Delaware become a haven for secret deals and unethical operations? Below is a quote from “Transparency International” which is shocking, but after my experience with the TransPerfect case and my thorough and complete observation of Chancellor Andre Bouchard’s method of operation, I believe anything is possible now. QUOTE FROM THE “TRANSPARENCY INTERNATIONAL” ARTICLE: “Normally, when one of our 50 states gets singled out by an international body of some consequence, you would hope it would be good news and something that the locals would brag about. But that’s not likely to be the case with Delaware’s recognition by “Transparency International” this month as one of the world’s best examples of “grand corruption.” The dubious distinction comes in recognition of the state’s “laissez faire”, corporate registration system, which critics say provides corporations, fraudsters and wealthy individuals secrecy and asset protection that puts it on a footing with notorious tax havens like the Cayman Islands.”

How Delaware became an American haven for “grand corruption”

Please click on the link below and consider the big picture for Delaware’s future based on these accusations. Again, I urge you to conduct hearings on all of this that include the TransPerfect case adjudicated by Chancellor Bouchard.  
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Respectfully Submitted, JUDSON Bennett-Coastal Network