In re: TransPerfect Global, Inc., C.A. No. 9700-CB Affirmed by Delaware Supreme Court

Kruzhkov Russo successfully guided Philip Shawe to victory in the Delaware Chancery Court after that court had for the first time in history ordered the draconian remedy of a forced sale of a successful private company against the wishes of half of the shareholders.  With Martin Russo serving as the chief strategist, Kruzhkov Russo and a team of exceptional co-counsel from other firms navigated past the negative allegations made by Elizabeth Elting and secured approval of the sale of TransPerfect Global, Inc. to Mr. Shawe.  The irony of the case noted by Chancellor Bouchard is that “the undercurrent of [Ms. Elting’s] opposition [to approval of the sale which she requested] reflects an apparent, deep-seated frustration with the fact that the winner of the auction was Shawe….”  TransPerfect is the largest translation services company in the world with revenues exceeding $600 million.  To read the decision, click here.  By Order dated May 3, 2018 written by Chief Justice Strine, the Supreme Court of Delaware affirmed the judgment of the Chancery Court.

Kruzhkov Russo brings extensive experience, a tenacious approach, and strategic thinking to advance your goals.