Goldman Sachs Tells Tower Auto To Pay Back Rent

Law360, New York (May 29, 2007, 12:00 AM EDT) -- Goldman Sachs Credit Partners LP on Friday asked the court to force Tower Automotive to pay rent on its equipment leases, despite the bankrupt auto parts company's claims that it had already given what was due.

Goldman Sachs Credit Partners LP, along with Wayzata Opportunities Fund LLC and Wayzata Recovery Fund LLC, asked the bankruptcy court for the Southern District of New York to force Tower to pay basic rent payments for equipment the company had leased from its creditors.

“The issue to be resolved by...
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