A last-minute bid to break a crippling corporate deadlock at TransPerfect Global Inc. and perhaps avoid a court-ordered sale of the profitable translation-services company may have new life, after Delaware Court of Chancery Chancellor Andre G. Bouchard on Monday called a hearing to decide whether a forced sale should move forward.
In a letter, Bouchard said the court would hear argument May 5 on Shirley Shawe’s motion to expedite consideration of her request to force a shareholder meeting so that she could vote her one percent interest in TransPerfect with Elizabeth Elting, the company’s co-founder and CEO.
