Delaware Court of Chancery Chancellor Andre G. Bouchard on Wednesday imposed sanctions on embattled TransPerfect Global Inc. co-founder Philip Shawe for destroying evidence and then lying under oath to cover his tracks. Bouchard ordered him to pay a “significant” portion of his opponent’s attorney fees and expenses, a tab likely to run into the millions.
Shawe’s “unusually deplorable” behavior, the chancellor said in a strongly worded ruling, prejudiced the company’s other founder, Elizabeth Elting, and unnecessarily complicated already-protracted litigation over the future of the discovery services firm.
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