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Republican businesswoman Shirley Shawe shared with DailyMail.com the ad is to make the public aware of the serious problems that are affecting America's most powerful business court & # 39;

A republican entrepreneur who issued a bewildering advertisement that denies Joe Biden's relationship with the Delaware Chancery Court has explained that she was angry with the presidential candidate for supporting the court that dissolved her business – which cost her millions.

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Shirley Shawe told DailyMail.com that she has released the misleading advertisement as a means to raise public awareness of the serious problems facing America's most powerful business court.

& # 39; For the past five years, I have been a personal victim of age discrimination, sexism, and corruption by Delaware Chancellor, Andre Bouchard; my constitutional rights were trampled and my private property was seized by a Delaware government agency and put up for auction – and part of the justification for this was my age & # 39 ;, she claimed in a statement to DailyMail.com.

She added that the & # 39; behavior was typical of the & # 39; Old Boy & # 39; s Club & # 39; that runs Delaware. & # 39;

& # 39; The Chancellor changed simple stalemate into a 3-year board at the company I own in part, and ensured that more than $ 250 million was spent on the business, many of which directly benefited his social circle in Delaware.

Republican businesswoman Shirley Shawe shared with DailyMail.com the ad is to make the public aware of the serious problems that are affecting America's most powerful business court & # 39;

Republican businesswoman Shirley Shawe shared with DailyMail.com the ad is to make the public aware of the serious problems that are affecting America's most powerful business court & # 39;

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Bouchard was sworn in as a Chancellor in 2014, five years after Biden ended his time as a senator from Delaware and nearly a decade after the footage Shawe used in her ad.

Shawe clarified that with her advertisement & # 39; she wanted to encourage candidates to implement reforms & # 39; which correctly identifies Delaware as a 2015 & # 39; F & # 39; figure State Integrity Research that looks at & # 39; responsibility and transparency from the state government & # 39 ;.

The advertisement contains a 2005 exchange between then Senator Biden and Elizabeth Warren – at that time professor at Harvard – while they discussed the bankruptcy reform.

& # 39; The Delaware court is too masculine, too white and anything but open & # 39 ;, says the narrator of the ad in the ad.

In the advertisement, Biden talks about how the Chancellery is open and calls it & # 39; outrageous & # 39; to suggest otherwise.

The clip then shows Warren responding & # 39; & # 39; and seems to indicate how the Chancery Court has implications for employees in Delaware.

But the clip actually picks up Warren & # 39; s entire comment and fails to contextualize Biden's comment – especially when he realizes that the conversation is about bankruptcy courts and not about the Chancery Court.

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Warren

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The ad shows Biden (then a senator) and Warren (then a law professor) arguing about the courts, although the clip was edited in a dubious way

Transcripts from the hearing show that Biden had just gone bankrupt and had confused bankruptcy courts with chancery, a point he later clarified

Transcripts from the hearing show that Biden had just gone bankrupt and had confused bankruptcy courts with chancery, a point he later clarified

Transcripts from the hearing show that Biden had just gone bankrupt and had confused bankruptcy courts with chancery, a point he later clarified

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A translation the hearing shows that Biden recognized his mistake and concentrated on the bankruptcy. Chancellery was only mentioned in his first comment.

& # 39; Employees of companies such as Enron are literally unable to go to Delaware and hire local counsel, which requires the Delaware Bankruptcy Court before they can appear, and effectively removes thousands of small employees, retirees, and local trade creditors from the bankruptcy, & # 39 Warren said in the whole of her quote. & # 39; If they can't afford it, they are not. & # 39;

Both Biden and Warren demanded that the ad be withdrawn, with the former vice-president declaring the ad to misrepresent his comments.

Shawe shared that she & # 39; disappointed & # 39; was by the reaction of the politicians, but added that it was not & # 39; unexpected & # 39; was for Biden to respond that way & # 39; given his home state's attempt to silence me and treat me like less than one person for years & # 39 ;.

She continued: & # 39; It is typical of the & # 39; Old Boy & # 39; s Club & # 39; that runs Delaware. & # 39;

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& # 39; For Mrs. Warren, I suspect that the senator does not yet fully understand how the Chancellery has caused damage to me and our 5,000 employees worldwide. If she investigates this matter deeper, I think she will understand the facts and may have a different opinion. & # 39;

Shawe shared that she & # 39; disappointed & # 39; was that Biden and Warren demanded that they remove the ad, but added that it was not & # 39; unexpected & # 39; was for Biden to respond that way & # 39; given his home state's attempt to silence me and treat me like less than a person for years

Shawe shared that she & # 39; disappointed & # 39; was that Biden and Warren demanded that they remove the ad, but added that it was not & # 39; unexpected & # 39; was for Biden to respond that way & # 39; given his home state's attempt to silence me and treat me like less than a person for years

Shawe shared that she & # 39; disappointed & # 39; was that Biden and Warren demanded that they remove the ad, but added that it was not & # 39; unexpected & # 39; was for Biden to respond that way & # 39; given his home state's attempt to silence me and treat me like less than a person for years

The Republican clear approval of Warren – as seen in the advertisement – just happens to fall on that specific issue. Shawe said & # 39; who knows & # 39; commenting on who she would support for other issues and added that she and Warren agreed on this issue.

Shawe seems to be angry about a business dispute that struck her son in 2015 and involved Chancellor Andre Bouchard, who was sworn in five years after Biden left the Senate

Shawe seems to be angry about a business dispute that struck her son in 2015 and involved Chancellor Andre Bouchard, who was sworn in five years after Biden left the Senate

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Shawe seems to be angry about a business dispute that struck her son in 2015 and involved Chancellor Andre Bouchard, who was sworn in five years after Biden left the Senate

& # 39; The court must be brought until 2019 and needs transparency & # 39 ;, she said. & # 39; I will continue to fight for that. This is only the first in a planned effort to raise awareness. & # 39;

Shawe's resentment seems to stem from a costly legal battle that her son's translation agency, TransPerfect, fought in the Delaware Chancellery in 2015.

“Two years after the end of the case, my company is still being charged excessive amounts per month by Skadden Arps, the former Chancellor employers and Chief Justice,” the businesswoman said. & # 39; We are required to pay these bills by court order, but we may not see them or even know what this work is for. & # 39;

She plans to release the TV ad in the early primary states of Iowa and New Hampshire next week in what is the biggest third-party attack so far in the 2020 presidential race.

The ad avoids regular campaign issues and instead focuses on the Chancery Court, a legal system that blames Shawe for a business dispute that damages her son's company.

& # 39; The Delaware court is too masculine, too white and anything but open, & # 39; says the narrator of the ad.

Shawe paid half a million to run the ads that attacked Biden about his alleged corrupt support for the obscure Delaware Court of Chancery

Shawe paid half a million to run the ads that attacked Biden about his alleged corrupt support for the obscure Delaware Court of Chancery

Shawe paid half a million to run the ads that attacked Biden about his alleged corrupt support for the obscure Delaware Court of Chancery

Biden has called for the ads to be pulled and said they are misrepresenting his exchange during the hearing

Biden has called for the ads to be pulled and said they are misrepresenting his exchange during the hearing

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Biden has called for the ads to be pulled and said they are misrepresenting his exchange during the hearing

The 60-second ad shows Biden at a 2005 Senate hearing, in which he debated Elizabeth Warren, then Harvard law professor.

The ad accuses Biden of defending the Chancellery Court while Warren attacks it.

The translation of the hearing shows that Warren was actually talking about bankruptcy courts, a separate forum of equity law, but Biden got confused and referred to chancery.

The Chancellery Court of Delaware oversees business disputes, but not bankruptcy, which is a federal issue.

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The chancellery of the state has great influence because of the large number of companies based in Delaware, which has corporate friendly laws.

Both Biden and Warren, who are among the biggest contenders of the Democratic presidential nomination, have called for the ad to be removed.

& # 39; The Delaware court is too masculine, too white and anything but open, & # 39; says the narrator of the ad

& # 39; The Delaware court is too masculine, too white and anything but open, & # 39; says the narrator of the ad

& # 39; The Delaware court is too masculine, too white and anything but open, & # 39; says the narrator of the ad

& # 39; The advertisement misrepresents Vice President Biden's position in this exchange from 2005 onwards by manipulating images to suggest that he means one dish if he means another & # 39 ;, Biden campaign told national press secretary Jamal Brown CBS News in a statement.

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& # 39; It is a clear reminder of how third-party money poisons our politics with fake attack ads, and it does not belong in this race, & # 39; he went on.

Warren also spoke out against the advertisement, although it seems to throw her in a heroic light.

& # 39; Elizabeth does not believe that individual donors should have too much influence on this primary and has consistently said that Super PAC & individuals with the means to self-finance advertising campaigns should remain outside the primary, & # 39; said her deputy communications director Chris Hayden. .

Shawe's resentment seems to stem from a costly legal battle that her son's translation agency, TransPerfect, fought in the Delaware Chancellery in 2015.

In a historic case, the head of the Delaware Chancery, Chancellor Andre Bouchard, ordered the winding up of the company, although not in financial need, but because the co-owners could not find it.

Officers from the Court of Chancery in Delaware are seen (seated from left to right) Vice Chancellor J. Travis Laster, Chancellor Andre G. Bouchard, Vice Chancellor Sam Glasscock III; and (standing) Vice Chancellor Joseph R. Slights III, Vice Chancellor Kathaleen St. J. McCormick, Vice Chancellor Tamika Montgomery-Reeves, Vice Chancellor Morgan T. Zurn

Officers from the Court of Chancery in Delaware are seen (seated from left to right) Vice Chancellor J. Travis Laster, Chancellor Andre G. Bouchard, Vice Chancellor Sam Glasscock III; and (standing) Vice Chancellor Joseph R. Slights III, Vice Chancellor Kathaleen St. J. McCormick, Vice Chancellor Tamika Montgomery-Reeves, Vice Chancellor Morgan T. Zurn

Officers from the Court of Chancery in Delaware are seen (seated from left to right) Vice Chancellor J. Travis Laster, Chancellor Andre G. Bouchard, Vice Chancellor Sam Glasscock III; and (standing) Vice Chancellor Joseph R. Slights III, Vice Chancellor Kathaleen St. J. McCormick, Vice Chancellor Tamika Montgomery-Reeves, Vice Chancellor Morgan T. Zurn

The court decision to sell TransPerfect came in 2015 after a Chancellor concluded that the arguing CEO Philip Shawe and Elizabeth Elting & # 39; hopelessly stalled & # 39; about important matters and business decisions.

Shirley Shawe owned 1 percent of the company at the time of the forced sale, which resulted in the acquisition of her son Philip Shawe by bidding on the public auction.

Shirley Shawe launched a crusade against chancellery, but lobbyed lawmakers to ban forced sales such as those from TransPerfect.

& # 39; When a judge sets a precedent and makes a decision to sell only a privately owned company, why would other people be motivated to start a business and why would they be motivated to include in the state Delaware? If someone is just going to take his private property? & # 39; Shawe told WMDT TV in 2017.

Shawe said through a spokesperson that she is a Republican and had no intention of stimulating Warren with her advertisement.

She has vowed to run the TV ads despite the candidates' protests and has reportedly also ordered advertisements in printed newspapers on the subject.

What is a chancellery court?

Chancellery began with petitions to the Lord Chancellor of England, and developed into a parallel legal system together with common law courts.

Chancellery dealt with issues of fairness, or fairness, rather than legal issues, and had a looser set of rules to speed up the pace of proceedings.

Instead of judges, they had chancellors and jurisdiction over trusts and estates, custody of children and & # 39; madmen & # 39 ;.

They also dealt with lawsuits that demanded something other than financial damage, such as an order requiring a party to perform a specific act.

Some states in the early American republic replicated this dual legal system, but the two systems were merged in 1875 in England.

Today, the US Bankruptcy Court functions at the federal level as a court of fairness, and several states use separate courts for legal and equity matters.

Delaware, Mississippi, New Jersey and Tennessee still make a distinction between a & # 39; court & # 39; and a chancellery.

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