Liz Elting co-founded TransPerfect with co-founder Phil Shawe. In 2015, things quickly went downhill for the partnership when the two co-founders became involved in internal disputes. Liz Elting sued Shawe, requesting that her co-founder be removed as a director in addition to seeking an appointment of a third-party custodian and having the company dissolved. She either wanted to be the sole owner herself, or she didn’t want either one of them to have ownership of the company.