Cayman Islands: Patriarch steps down from Zohar, steps back from MBIA fight
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…
Patriarch steps down from Zohar, steps back from MBIA Fight
From 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 —…
Lynn Tilton Battles Cayman Islands Directors on Zohar-I Bankruptcy
By PEG BRICKLEY From Wall Street Journal Zohar-I’s directors have asked a judge to throw out bankruptcy petition Distressed-company investor Lynn Tilton lashed out at the Cayman Islands corporate directors who moved to block her attempt to force one of…