WILMINGTON, Del., July 27, 2017 /PRNewswire/ -- Citizens for a Pro-Business Delaware's (CPBD) full page advertisement calling out Robert Pincus will run in the Thursday and Sunday print additions of the Delaware News Journal. The ad reveals that Robert Pincus, a high-powered attorney at Skadden, Arps, Slate, Meagher and Flom, is charging TransPerfect an unbelievable $1,425 per hour. The advertisement also provides a comprehensive list of all of the firms Pincus has subcontracted and the amounts they have charged to TransPerfect.
Despite the large number of firms engaged, Pincus is only required to submit his own bills to the Judge. "Custodian Robert Pincus is spending millions of dollars unchecked without any oversight," said Chris Coffey, Citizens for a Pro-Business Delaware. "Custodian Pincus is not serving TransPerfect, he is serving himself. It is clear that the companies he hires for this job will hire him in the future. The old-boys club prevails yet again, while TransPerfect employees suffer an increase in healthcare costs and go to work everyday scared for their jobs."
Despite Judge Bouchard's recent recommendation for mediation, Custodian Pincus has moved forward with the sale of the company. CPBD's advertisement calls on Delaware residents to email Pincus and tell him to either allow the mediation process to work or give state lawmakers time to pass the TransPerfect bill. "Pincus's actions undermine the legislative and legal process, putting Delaware's $1.4 billion incorporation industry at risk. We call not only on Pincus but every firm engaged to return the money and respect the process," said Coffey, CPBD.
This advertisement is one of many CPBD has planned to place in the coming week. CPBD will place TV, digital, print and radio advertisements in key media outlets throughout the state. "We will not stand idly by while large corporations profit on the backs of hard working employees. We will keep fighting for our members, for TransPerfect employees and for the residents of Delaware who depend on the incorporation industry to fund critical public services throughout the state," said Coffey, CPBD.
The full print advertisement is attached. The TV ad is viewable below.
Citizens for a Pro-Business Delaware is a group made up of more than 2,200 members including employees of the global translation services company TransPerfect as well as concerned Delaware residents, business executives and others. It formed in April of 2016 to focus on raising awareness with Delaware residents, elected officials, and other stakeholders about these issues.
For more information on Citizens for a Pro-Business Delaware visit DelawareForBusiness.org.
Contact: Sloane Whelan, email@example.com
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SOURCE Citizens for a Pro-Business Delaware