Tilton Loses Bid To Seal Tax Documents On Appeal

By Derek Major (October 5, 2018, 9:05 PM EDT) -- A New York appeals court has rejected a bid by Lynn Tilton and her company Patriarch Management to keep certain tax and financial information private in their dispute with a German lender.

In a Thursday opinion, the court found a lower court was right in its ruling denying Tilton's motion to seal certain business tax information in a $45 million dispute with German lender Norddeutsche Landesbank Girozentrale, also known as Nord/LB, because privacy concerns did not outweigh the necessity of the documents to the case at hand.

"Although the disclosures involve sensitive financial information that relates to information contained in tax...

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