Law360, New York (June 24, 2016, 7:12 PM ET)
Private equity magnate Lynn Tilton and her Patriarch Partners firm have dropped Skadden Arps in favor of Gibson Dunn in their various legal battles, after a string of losses and a Second Circuit decision that rebuffed Tilton’s challenge to the U.S. Securities and Exchange Commission’s in-house court….
Tilton’s legal fights extend beyond the SEC. Skadden attorneys were also representing her and Patriarch Partners in a $45 million lawsuit claiming they misled German bank Norddeutsche Landesbank Girozentrale, represented by counsel from Berg & Androphy, about the nature of its collateralized debt obligation investments, and lost a bid to dismiss the case in March.