Citizens for a Pro-Business Delaware Submits White Paper to the Delaware Bar Association

DOVER, Del., Oct. 5, 2016 /PRNewswire-USNewswire/ -- Today, Citizens for a Pro-Business Delaware, an advocacy group focused on saving the jobs of 4,000 TransPerfect employees, announced it is submitting a white paper to the Delaware Bar Association's Section of Corporation Law and its Council regarding an amended statute to ensure that a successful, profitable company cannot be so easily split-up and sold. 

"We are eager to have this important discussion with the Section of Corporation Law," Chris Coffey said, Campaign Manager for Citizens for a Pro-Business Delaware. "We are continuing to have important discussions with elected officials and Delawareans across the state about the significance of this case for not only the thousands of TransPerfect employees who could lose their jobs, but also for all companies incorporated in Delaware and their employees who are left vulnerable with this dangerous precedent. We are confident we can, and will, find a solution in the weeks and months ahead," Coffey said. 

In addition to the white paper, Citizens for a Pro-Business Delaware's multifaceted campaign includes newspaper ads in local papers, canvassing local neighborhoods, lobbying elected officials, running radio ads, posting billboards and more. The group had a booth at the Delaware State Fair in July and continues to have a presence at local events throughout the state. 

Citizens for a Pro-Business Delaware, 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 executive and others, formed in April of 2016 to focused on raising awareness with Delaware residents, elected officials, and other stakeholders, to ensure they understand the consequences the Court's ruling would have on the state and its underlying economy. 

For more information on Citizens for a Pro-Business Delaware visit DelawareForBusiness.org. 

Access to the memorandum is available here - http://bit.ly/2dsrnnl.

Contact:
Julijana Englander, [email protected]

SOURCE Citizens for a Pro-Business Delaware