Poll shows strong support for TransPerfect cooling off period bill

Citizens for a Pro-Business Delaware reported that voters continue to support for passage of a bill that would stop a Chancery Court-ordered sale of the company for three years.

CPBD commissioned Slingshot Strategies, LLC to conduct a recent poll of 800 registered Delaware voters. The poll found that 70 percent supported SB53, which would require the Delaware Court of Chancery to wait three years before it can order the sale of a profitable Delaware company such as TransPerfect.

Poll Shows Delaware Voters Overwhelmingly Support SB53, The TransPerfect Bill, As Upcoming Committee Hearing Draws Near

WILMINGTON, Del., June 6, 2017 /PRNewswire/ -- The Government and Elections committee hearing on SB53, the TransPerfect bill, is scheduled for June 14th, and Citizens for a Pro-Business Delaware continues to show overwhelming voter support for passage of the bill. CPBD commissioned Slingshot Strategies, LLC to conduct a recent poll of 800 registered Delaware voters. The poll found that 70% supported SB53, which would require the Delaware Court of Chancery to wait three years before it can order the sale of a profitable Delaware company such as TransPerfect.

Custodian Deflects Motion For Transparency In TransPerfect Bills With Request For Discovery

WILMINGTON, Del., June 1, 2017 /PRNewswire-USNewswire/ -- TransPerfect Custodian Robert Pincus requested discovery of Citizens for a Pro-Business Delaware (CPBD). The request comes soon after CPBD filed a motion for the court to unseal costs totaling many millions in advisor fees and expenses approved by Pincus. The nonprofit requested details on 32 non-public transactions that were approved and filed by Custodian Pincus.

Citizens for a Pro-Business Delaware plans to protect its members from retribution for joining the organization to save TransPerfect and over 4,000 of its employees. "We will not be intimidated by Custodian Pincus. This request is only an attempt to distract the public from his outrageous spending on this case," said Chris Coffey, Campaign Manager of Citizens for a Pro-Business Delaware. "We will protect our members from being bullied. We will fight for their first amendment rights. And we are confident we will prevail."

TransPerfect Co-owner Elizabeth Elting Responds to Shirley Shawe's Solution with Sanctions

Last month, Shirley Shawe offered to vote alongside Elizabeth Elting in the boardroom to permanently end the deadlock that Elting had claimed was cause for the sale of the global translations company. Elting initially responded by denying the proposed solution but has now filed sanctions against Shirley Shawe in an attempt to dismantle the proposed solution and continue the sale of TransPerfect.

TransPerfect group plans another ad blitz

Citizens for a Pro-Business Delaware announced the launch of another advertising campaign.

The campaign will stress the impact of incorporation industry on the Delaware economy. The campaign will also include Nevada and Rhode Island, two states that would like a piece of Delaware’s incorporation fees.

The group noted that even cosponsors signed on to SB53 which would mandate a three-year waiting period when Delaware courts force the sale of a private company.

Citizens For A Pro-Business Delaware Launches Six Figure Ad Buy In Support Of Legislation To Save TransPerfect

DOVER, Del. -- Citizens for a Pro-Business Delaware is escalating its campaign to save TransPerfect jobs with a full-scale advocacy effort to support newly introduced legislation. The organization announced the launch of an aggressive advertising campaign throughout Delaware highlighting the significance of the incorporation industry on the Delaware economy as well as the effect of additional unemployment.

Citizens For Pro Business To Run TV Ads

Citizens for Pro-Business Delaware is ramping up its campaign to save TransPerfect with full-scale advertising campaigns throughout Delaware. The ads will highlight the significance of the incorporation industry on Delaware’s economy and show how the additional unemployment would hurt the state. The TV ads will also run in Nevada and Rhode Island, two states looking to unseat Delaware as the country’s number one destination for incorporation industry. The group will continue their grassroots tactics as well, communicating with state representatives throughout mail, email and face to face conversations.

Concern from TransPerfect Case Prompts Lawmaker to Introduce Bill

This week, a piece of legislation that will mandate a three-year waiting period before forcing the sale of a company incorporated in the state of Delaware will be introduced. The bill comes after the Chancery Court’s highly-contentious decision to force the sale of TransPerfect, a profitable global translations company with more than 4,000 employees.

Feuding ex-lovers may resolve TransPerfect dispute with help from one's mom

Former lovers Liz Elting and Phil Shawe came to despise each other so much that a judge ordered them to sell TransPerfect, the thriving translation company they co-founded a quarter century ago. But that didn't stop the feud. On Wednesday Shawe's mother attempted to broker peace by saying she would side with her son's ardent foe.

TransPerfect Shareholder Offers to Break Owner Deadlock

TransPerfect Global Inc. may be able to avoid a court-ordered sale intended to resolve a deadlock between the company’s two largest shareholders.

Shirley Shawe March 15 offered to vote her 1 percent stake in TransPerfect on behalf of one of the company’s other owners, Elizabeth Elting, who owns 50 percent of the shares. Doing so would end the deadlock between Elting and Shirley Shawe’s son, Phil Shawe, who owns 49 percent of the shares.