There’s a big moment ahead in the notorious TransPerfect case in Delaware’s Chancery Court coming up tomorrow. Here’s what’s at stake, folks, and it’s mind-blowing: Somehow, court-appointed Skadden Arps attorney Robert Pincus has rung up $4.5 million in bills?! According to my sources this was all submitted in the last month?! You can’t even call this looting by Bouchard, it’s more than looting. Grand larceny about to be committed by Bouchard, as I see it!
Employees I have talked to say Skadden has done nothing since the deal closed THREE YEARS AGO. Yet here comes Bouchard, to possibly steal their raises, pensions, and benefits again — $4.5 million more! This, on top of the $14 million for showing up at TransPerfect’s office twice in three years.
Outrageous, Outrageous, Outrageous. It sets a dangerous precedent that cannot be tolerated in America’s First State any longer. This is not good for Delaware’s incorporation business! They looted TransPerfect because they felt they could. The question now is: What will Bouchard do now that he has nothing to lose?!
For Delaware’s reputation, the Coastal Network denounces this charade! Please reach out to me if you are interested in stopping Bouchard’s reign of perceived improprieties in Chancery once and for all.
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