Chancellor Kathaleen McCormick Grants TransPerfect a Response in Controversial Case
Delaware’s Chancellor Kathaleen McCormick is now allowing a reply to her much-too-swift decision to deny due process and grant Skadden Arps’ motion approving past billing practices in the TransPerfect case, which I recently wrote about. Based on a court filing that I’ve seen, TransPerfect may now file a response to McCormick’s hasty decision to rubber-stamp the incessant and outrageous billing practices that Skadden has gotten away with under former Chancellor Andre Bouchard.
Maybe McCormick has an open mind here? We’ll see. At the very least, TransPefect should be allowed to state their case clearly against Skadden’s Robert Pincus’ brazen overbilling. They now have their opportunity.
McCormick needs to bring transparency to her Court of Chancery. In the past few years, the Chancery has been a bastion of subjective rulings and innumerable appearances of impropriety. I will keep you updated on whether McCormick does what is right here or not, folks! It is time Delaware’s equity court becomes truly equitable. Please share your feedback. As always your comments are welcome and appreciated.