Charity gala raises $115,000 for law school students
As two CEOs battle over control of TransPerfect, a company that provides translation and discovery services to legal and healthcare companies, one of the CEOs stepped up to give out $115,000 in scholarships to law school students as he tries to find creative solutions to his legal issues.
TransPerfect CEOs Philip R. Shawe and Elizabeth Elting have been battling for control of the company since 2014. In August 2015, a Delaware court ordered a third-party to sell off the shares in the company in a public auction. Shawe plans to appeal the decision to the U.S. Supreme Court.