Delaware’s Supreme Court upheld the court-ordered sale of a successful New York-based translation company after a judge concluded the relationship between the company’s two founders,
and its sole directors, had devolved into “complete dysfunction.”
In a 4-to-1 ruling on Monday, the justices affirmed a Chancery Court ruling ordering the sale of the company, TransPerfect Global, which provides translation, website localization
and other services, with offices in more than 90 cities worldwide.
The judge concluded that the feuding founders — Philip Shawe
and Elizabeth Elting, who were formerly engaged — were hopelessly deadlocked over management of the privately held business, which they started in a college dorm room.
A version of this article appears in print on February 14, 2017, on Page B2 of the
New York edition with the headline: Forced Sale of Translation Company Is Upheld.
