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Did you reduce the fluid level from the over fill condition?
If still over filled, then it is possibly blowing out excess fluid (and foam from the fluid) from the vent, then leaking down the sides of the transmission. This may go away if you reduce the fluid level to the proper reading.
If you have already reduced the fluid level, then either the transmission is still dripping fluid from where it blew out earlier, or you have blown out a seal and it will now leak until repaired.
Time will tell. I drive a 300D that slowly leaks a little bit. It is so minor that I just watch the level and top it off regularly. And I park it where it doesn't matter about the dripping fluid.
Good luck - any further questions or details please post back here.
Ken300D
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1982 300D at 351K miles
1984 300SD at 217K miles
1987 300D at 370K miles
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