DOVER, Del., May 23, 2016 /PRNewswire/ -- Citizens for a Pro-Business Delaware, a group of more than 600 concerned employees of the global translation services company TransPerfect, has organized a grassroots campaign in the state of Delaware to ensure that the private, profitable company is not dissolved and sold through a stunning act of governmental overreach. The group strongly believes that the Delaware Court of Chancery's recent ruling - which interferes with a private company's internal matters – will not only be destructive to the company's future and the future of its employees, but also will set a dangerous precedent for Delaware's historically pro-business climate.
Citizens for a Pro-Business Delaware released the following statement: "This ruling is bad for business and bad for Delaware. On behalf of the more than 600 members of Citizens for a Pro-Business Delaware, we are proud to work for TransPerfect, and believe in its strength and its future. Now, thanks to an outrageous mandate by the Delaware courts, we may see the company sold away from the current ownership and management team with which we worked so closely to build this company. Making matters worse, other businesses incorporated in Delaware that have always been protected by the state's pro-business policies could suffer the same fate. If the Governor and the State Legislature want to protect Delaware businesses, and ensure future businesses incorporate in the state, they must take action, and they must do so now."
In August 2015, Chancellor Andre Bouchard of the Delaware Court of Chancery appointed a court custodian and ruled that TransPerfect – which is incorporated in Delaware and has nearly 4,000 employees globally – should be sold as a result of an internal dispute between the company's ownership.
Citizens for a Pro-Business Delaware's multifaceted campaign will focus on raising awareness with Delaware residents, elected officials, and other stakeholders, to ensure they understand the consequences the Court's ruling would have on the state and its underlying economy. Simultaneously, the group is actively considering legislation to block this type of judicial overreach from occurring in Delaware and are currently in the process of reaching out to the office of Governor Jack Markell and legislators from both sides of the aisle.
Citizens for a Pro-Business Delaware has already sent a mailer to 10,000 households in Delaware and launched a radio ad campaign that is currently underway on stations across the state. Print ads – calling on residents to contact the Governor's Office – are running in a number of Delaware publications this week.
Citizens for a Pro-Business Delaware has hired Tusk Strategies to guide the effort. The firm, which was founded by Bradley Tusk, who ran former New York City Mayor Michael Bloomberg's 2009 re-election campaign, has worked on behalf of a number of companies and groups waging high-profile fights in recent years, including Uber's successful fight against current New York City Mayor Bill de Blasio in his attempt to cap the ride service in 2015. Tusk Strategies also runs a number of multi-state campaigns, including two currently underway in California and Nevada focused on solar energy. Citizens for a Pro-Business Delaware has also hired Delaware-based lobbyist Patrick Allen to assist with the efforts focused on the Governor's Office and the legislature.
Contact: Patrick Muncie (Tusk Strategies); 212-966-5161
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SOURCE Citizens for a Pro-Business Delaware