TransPerfect Co-CEO Phil Shawe Says that Liz Elting is seeking Permission to End Claims Against Him

NEW YORK, Sept. 5, 2017 /PRNewswire/ -- The Edelsteins, Faegenburg & Brown, attorneys for Philip Shawe, the Co-CEO of TransPerfect Global, the world's largest privately-held provider of language services and language-related technology solutions, revealed today that Elizabeth Elting has formally requested that Mr. Shawe consent to her voluntary withdrawal of all tort claims against him in New York Supreme Court. The timing and nature of the request come on the heels of a New York State court ruling ordering that normal course discovery will proceed without regard to previous rulings in out-of-state unrelated cases. The discovery in the New York action may reveal additional facts related to Elting’s true motives to force a sale of TransPerfect in the Delaware Chancery Court; many of Elting’s claims were accepted as fact by Delaware Chancellor Andre Bouchard without the benefit of rigorous discovery.

In case number 155890/2014, Elting formally requested Mr. Shawe's permission to withdraw all her claims against Mr. Shawe including:

• Assault and Battery
• Intentional Infliction of Emotional Distress
• Defamation

"I find the timing of Elting's withdrawal request highly opportunistic. The moment the New York court ruled that discovery will proceed, Elting and her attorneys suddenly seek to completely abandon claims after engaging in hostile and combative litigation for years," Shawe said. "I can only view the timing of Elting's motion as telling with respect to the merits of her claims.  I have declared for years that claims against me were false; and I believe the true motivation for this request is to avoid the facts as I know them, regarding both New York and Delaware actions."

Glenn K. Faegenburg, Shawe's attorney of The Edelsteins, Faegenburg & Brown LLP, said, "For years Liz Elting's litigation against Shawe in the New York and Delaware courts has been predicated upon an extreme series of misrepresentations about Mr. Shawe. Unfortunately, their strategy successfully worked in the Delaware Chancery Court, which took Elting's side in that unrelated dispute. There were many falsehoods strewn against Philip Shawe that could have been exposed years ago had Chancellor Bouchard properly admitted relevant and discoverable emails into evidence."

Faegenburg continued, "Elting's recent request for a voluntary discontinuance of their multi-million dollar counterclaims after years of contentious litigation is nothing more than a thinly-veiled attempt to prevent Mr. Shawe from obtaining legitimate discovery, which will likely lead to the admission of critical evidence implicating Elting and her attorneys."

Faegenburg said, "This request to withdraw claims is intended to keep various courts from finding out that claims against Mr. Shawe were fraudulent, including specifically in this case, a false defamation claim. This should send a clear message to Delaware's Chancellor Bouchard that he was sold a story and bought it."

"This is just the tip of the iceberg, and is part of an overall strategy to improperly use the courts for personal financial gain. At long last, the truth about Elting and her lawyers' tactics is about to come to light."

Mr. Faegenburg's case is New York State Supreme Court Index Number 155890/2014.

SOURCE The Edelsteins, Faegenburg & Brown