TransCare Ch. 7 Trial Claims Against Tilton Pared Down

Law360 (April 30, 2019, 5:50 PM EDT) -- A New York bankruptcy judge on Tuesday narrowed the scope of claims that will go to trial in a Chapter 7 trustee's adversary case against distressed-debt maverick Lynn Tilton and investment vehicles under her control as they relate to the collapse of ambulance company TransCare Corp.

A clearer picture has formed as to what TransCare trustee claims will be brought and what underlying facts will be examined at a trial this summer against Tilton and related entities, including her private equity firm Patriarch Partners LLC.

After stating last month that factual questions need to be answered to weigh claims that Tilton...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!