Firm Sanctioned for Conduct in Deposition
In the ferocious battle between the co-founders of translations company TransPerfect Global Inc., Kramer Levin Naftalis & Frankel has been sanctioned $135,324 by a Delaware judge over its conduct in a deposition.
September 30, 2015 at 06:00 AM
6 minute read
In the ferocious battle between the co-founders of translations company TransPerfect Global Inc., Kramer Levin Naftalis & Frankel has been sanctioned $135,324 by a Delaware judge over its conduct in a deposition.
Meanwhile, the judge is considering a sanctions motion brought by Kramer Levin's client against her adversary that the judge says “raises very serious issues of spoliation and discovery abuse” and could result in a large penalty.
TransPerfect's co-founders, Elizabeth Elting and Philip Shawe, have filed multiple actions against each other in New York and Delaware state courts, after battling over the company's business plans and management. The management of New York-based TransPerfect, which generated $470 million in revenue last year and has 3,500 employees, “has devolved into one of complete dysfunction between Shawe and Elting, resulting in irretrievable deadlocks over significant matters,” declared Delaware Court of Chancery chancellor Andre Bouchard.
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