June 27, 2016

Tilton Ditches Skadden For Gibson Dunn Amid SEC Challenge

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.

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