America's Top Business Court Gets Dragged Into a Lover's Quarrel

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Delaware Chancery Court in Georgetown, Delaware.

Photographer: Pat Crowe II/Bloomberg

It was the classic love story -- turned soap opera. Elizabeth Elting and Philip Shawe founded a Manhattan-based translation-services company in their New York University dorm room for MBA students two decades ago. They owned it 50-50. Eventually, they got engaged.

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