Month: May 2017

TransPerfect’s Campaign Imperfect. Did any of you see that commercial sponsored by some PAC called something like Pro-Business Delaware? Basically the ad says that, thanks to the Court of Chancery’s decision in the TransPerfect case, a decision necessitated b/c the two key TransPerfect officials just couldn’t get along, Delaware will lose its pre-eminent status for incorporations? It’s part of a $500,000 (!) campaign to influence Delaware legislators. Well, so far the score is one who has been influenced (Bonini) and two who have turned thumbs down (Simpson and Lavelle). When a so-called pro-business PAC loses the R Senate leadership, it has lost Delaware. Maybe they should spend the $500 K to send the two feuding officers to counseling.