Citizens for a Pro-Business Delaware launched a new TV advertisement
The ad features TransPerfect employees who say they have been silenced in a sales process ordered by Delaware Chancery Court.
In response to that decision, the group has worked with members of the General Assembly, including State Sen. Colin Bonini, to pass a bill which would require a three-year waiting period before the Chancery Court can order the sale of a private company.
After meeting with senior members of the legislature, the group worked with Bonini to temporarily withdraw the bill.
CPBD is meeting with the Corporate Bar next week and hopes to begin a process that will help preserve the jobs at stake.
The new ad depicts the recent rally and press conference CPBD held outside of the Delaware Supreme Court in Dover. While the employees are barred from commenting, they are shown standing behind CPBD Campaign Manager Chris Coffey as he urges the Supreme Court to save the company, its jobs, and Delaware’s position as the nation’s leader in the incorporation business.
While the employees are barred from commenting, they are shown standing behind CPBD Campaign Manager Chris Coffey in making a case for company employees.
“We arrived to the hearing with a full bus of TransPerfect employees,” said Coffey, “These employees have been ordered not to speak out against the court, but still risked attending the hearing to fight for their jobs. We hope that Delawareans will see the threat that the Chancery Court’s decision poses to Delaware’s economy and to more than 4,000 livelihoods. We urge them to sign the petition and stand with us to protect our state and its residents.”
CPBD was formed after the Delaware Court of Chancery ordered an appointed custodian to sell TransPerfect amid an internal dispute between company owners.
Over the past few months, CPBD has been involved with court proceedings, submitting an amicus brief and arguing that the Court of Chancery appoint a custodian to act as a provisional director until the dispute is resolved – and continues to work with members of the legislature to get the bill passed.
“I am concerned that the TransPerfect case will negatively impact the state of Delaware – and I am actively working with Citizens for a Pro-Business Delaware to make sure our state keeps its long and well-deserved reputation as the state where businesses come from around the globe,” said Bonini. “We all want the same thing – to keep jobs in Delaware and to keep our state’s economy strong.”
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. The group was formed in April 2016.
For more information, visit DelawareForBusiness.org.
