— Delaware’s Supreme Court has upheld the court-ordered sale of a successful New York-based translation company after a judge concluded the relationship between the company’s two co-founders
and sole directors had devolved into "complete dysfunction."
The Supreme Court also upheld an order directing Shawe, who challenged the sale, to pay Elting $7.1 million in fees
and expenses as sanctions for his "deplorable behavior" in the lawsuit.
The judge concluded that feuding co-founders Philip Shawe
and Elizabeth Elting, his former fiancee, were hopelessly deadlocked over management of the privately held business they started in a college dorm room.
