Delaware Court of Chancery Chancellor Andre G. Bouchard may have seen an opening to resolve protracted litigation over the future of TransPerfect Global Inc. when he surprised the parties last week by ordering the long-running dispute to mediation before his predecessor, Delaware lawyers said Monday.
Attorneys for the firm’s warring cofounders—Philip R. Shawe and Elizabeth Elting—had expected Bouchard to weigh in June 2 on competing motions by Elting and Philip’s mother, Shirley Shawe, who had offered to cede her one percent stake in TransPerfect to Elting in a bid to avoid a court-ordered sale of the profitable translation-services company.
