TransPerfect Victory Over H.I.G. Capital and Lionbridge in $11.6 Million Fee Fight
Retrieved on:
Monday, June 20, 2022
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NEW YORK and SAN JUAN, Puerto Rico, June 20, 2022 /PRNewswire/ -- TransPerfect, the world's largest provider of language and technology solutions for global business, today announced that the Southern District of New York has denied a motion filed by Defendants H.I.G. and Lionbridge to recover $11.6 million in attorneys' fees and costs. In denying the motion, the court cited the Defendants' failure to meet the standard for fee shifting under the Defend Trade Secrets Act ("DTSA").
Key Points:
- and Lionbridge to recover $11.6 million in attorneys' fees and costs.
- In denying the motion, the court cited the Defendants' failure to meet the standard for fee shifting under the Defend Trade Secrets Act ("DTSA").
- and its subsidiary company Lionbridge in April 2019, alleging theft and misappropriation of company trade secrets during a controversial court ordered sale process, in which TransPerfect Founder and CEO Phil Shawe emerged victorious.
- TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong.