February 26, 2021

Cayman Islands: Patriarch steps down from Zohar, steps back from MBIA fight

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By Tiffany Kary From Bloomberg Lynn Tilton won’t manage collateral for distressed-debt funds Her role with 70 companies in Patriarch’s portfolio continues Lynn Tilton’s Patriarch Partners LLC stepped back from a legal dispute with MBIA Inc. over the Zohar distressed-loan funds — a fight that was alternately said to imperil the global structured-finance markets and […]