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...
Law360, New York (March 2, 2016, 5:22 PM ET) — A New York judge on Wednesday said a German bank’s $45 million lawsuit claiming private equity magnate Lynn Tilton and her Patriarch Partners firm misled the lender about the nature of its collateralized debt obligation investments can proceed, but trimmed one of two claims from...
By Peg Brickley Oct. 5, 2015 Investors in Lynn Tilton’s funds sued Monday seeking damages for alleged fraudulent misrepresentation and concealment tied to her multi-billion-dollar debt funds. Norddeutsche Landesbank Girozentrale and Hannover Funding Co. filed a civil suit in state court in New York, seeking damages from Ms. Tilton, her Patriarch Partners LLC and related...
BloombergBusiness (May 18, 2015) — Lynn Tilton, the so-called Diva of Distressed who’s already defending SEC claims of overcharging customers by almost $200 million in fees, now faces fraud allegations by her clients. Two investors in funds managed by Tilton’s Patriarch Partners LLC said in a lawsuit filed Friday that it’s “obvious” that the “vast...
