Transperfect Global Website. Photo: John Disney/ALM Skadden, TransPerfect Still at Impasse Over Payment of Disputed Legal Fees
Skadden, which represented court-appointed custodian Robert Pincus, claims TransPerfect's proposed payments aren't in line with orders issued by the Delaware Court of Chancery.
August 18, 2021 at 04:21 PM
3 minute read
The Court of Chancery's deadline for TransPerfect and CEO Phil Shawe to pay the custodian involved in their long-running case passed more than three months ago, but the bills still haven't been officially paid.
New York-headquartered TransPerfect says between an escrow account and an uncashed check written earlier this month, Skadden, Arps, Slate, Meagher & Flom has all the money it needs to end the billing saga, while Skadden, which represented court-appointed custodian Robert Pincus, claims TransPerfect's proposed payments aren't in line with the court's orders.
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