Deals
TransPerfect’s Shawe Escalates Feud With Defamation Suit
- Shawe claims lawyers for co-CEO destroyed his reputation
- Suit is latest spawned by control fight over software maker
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The battle over control of TransPerfect Global Inc. intensified after one of the company’s co-owners accused lawyers for his estranged partner of destroying his reputation by making false statements to reporters.
Phil Shawe, TransPerfect’s co-CEO, contends attorneys for fellow Chief Executive Liz Elting lied about his conduct and painted him in a derogatory light, according to a lawsuit filed Jan. 31 in state court in Manhattan.