Attorney Alan Dershowitz said during a Thursday morning hearing before Chancellor Kathaleen St. J. McCormick that TransPerfect Global Inc. is ready to pay the attorney fees it’s been ordered to and put an end to litigation in the Court of Chancery.
Dershowitz, holding what he said was a file folder containing checks, said as a gesture of good faith and an effort to resolve the longest-running Chancery case after nearly 10 years, TransPerfect was willing to hand over the entirety of the money that’s disputed, with the condition that an estimated $441 million earmarked for the federal court be held in escrow.