Chancery Court-Appointed Custodian Robert Pincus Shockingly Appointed “Special Master” in Delaware’s District Court After Disastrous TransPerfect Case

Dear Friends,

Wow, I am so surprised that Robert Pincus has been appointed the “special master” of Crystallex’s sale of Citgo’s parent company in Delaware’s District Court. This is ludicrous, folks, just last week a federal judge called out Pincus and Chancery Court Chancellor Andre Bouchard’s shenanigans in billing “$44 million in undocumented fees.”

This is a prime example of cronyism and the Delaware “Good Old Boys” establishment taking care of its own, yet again. Pincus clearly has shown himself not to have the ethical fiber to do this job, in my view. I’m embarrassed for the state of Delaware to put him in charge of another company. It’s a criminal act by the state, folks. This company is about to get bamboozled and railroaded, based on what I’ve seen. That’s exactly how I see it.

It’s another example of these “Good Old Boys” taking care of themselves. How is this happening when he and Bouchard were just officially reprimanded for “$44 million in undocumented fees”? Yet here he is getting another appointment! In any other state, this would be investigated, but what happens in Delaware: You get a new cushy job!? They should be wary. It’s unbelievable, folks!

Please read the article below and send me your thoughts.

Respectfully Submitted,

[avatar user=”Judson Bennett” size=”thumbnail” align=”left” link=”https://twitter.com/Judson_Bennett” target=”_blank”]Judson Bennett, Coastal Network[/avatar]

 

Citizens for a Pro-Business Delaware Slams Appointment of Robert Pincus as ‘Special Master’ in Crystallex Sale
April 16, 2021 11:58 AM Eastern Daylight Time
DOVER, Del.–(BUSINESS WIRE)–After recent news that ex-Skadden Partner and former Custodian of the TransPerfect sale Robert Pincus has been appointed the “special master” of Crystallex’s sale of Citgo’s parent company, Citizens for a Pro-Business Delaware Campaign Manager Chris Coffey released the following statement:
“Congratulations to Bob Pincus for finding yet another unwitting victim for his egregious and excessive billing practices. After years of draining TransPerfect’s coffers to the tune of over $44.5 million, it’s no surprise that Pincus has found another trough to feed at. While we hope the District Court is more judicious in overseeing Pincus’ spending than the Chancery Court, which approved millions of dollars in fees without requiring him to say where the money was going or what for, we’re not holding our breath. This is yet another example of the Delaware old boys’ club rewarding its own without transparency or accountability.”

About Judson Bennett

Captain A. Judson Bennett was a life- long resident of Lewes, DE. He served the maritime industry for 33 years, primarily as a Delaware River Pilot, guiding large ships to the Port of Philadelphia. Captain Bennett has been an active and consistent entrepreneur over the years.

He was elected as a Lewes City Councilman for 6 years. Afterwards he ran for the Sussex County Council as a Republican, and with 20 thousand people voting, lost Delaware’s closest election by 3 votes to an 8 year incumbent. Abandoning his personal political ambitions, he became the Republican District leader, advocating conservative values. Captain Bennett became a lobbyist in the state legislature advocating among many ideas, financial literacy concepts in education. He managed several political campaigns, including one for Governor of Delaware and one for the US Senate against VP Joe Biden. He is now the owner, operator, and writer for the Coastal Network which communicates regularly with over 6000 people throughout the State of Delaware.

Captain Bennett is a graduate of St. Andrew’s School in Middletown, DE (where the movie “The Dead Poet’s Society was filmed) and also graduated “Magna Cum Laude” from the University of Delaware with a BA in Criminal Justice and an MA in Liberal Studies.

He is now a Widower, living in West Palm Beach, Florida. Captain Bennett has one son, three grandchildren, and one great grand-daughter, all who live in Richmond, Virginia.