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New chancellor s fee decision disputed by TransPerfect lawyers

Delaware Business Now Reading Time: 2 minutes Citizens for a Pro-Business Delaware is criticizing a decision by newly sworn-in Chancellor Kathaleen McCormick over billing for services related to the sale of TransPerfect. Lawyers for TransPerfect Global have requested a change on  Chancery Court Chancellor Kathaleen McCormick’s decision regarding  Skadden Arps’ past billing practices. TransPerfect has asked for more detail on billing practices from the Chancery Court-appointed custodian of the company,  Robert Pincus, a former Skadden Arps partner, after being billed more than $44 million the past years. A letter to McCormick stated  that “Pincus’s gamesmanship and bill churning continues with these motions and refusal to engage in discussions towards compromise solutions to outstanding issues… Encouraging and rewarding motion practice and scorched-earth tactics over compromise is the antithesis of judicial efficiency and has an antithetical result.”

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