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Chancery Skeptical Of Tilton 'Mistake' In $6.5M Fee Settlement

By Jeff Montgomery (February 23, 2021, 8:53 PM EST) -- A Delaware vice chancellor rejected suggestions Tuesday that distressed-business turnaround figure Lynn Tilton made a "simple mistake" last year in failing to notify bankrupt noteholder funds about her unilateral, $6.5 million legal fee settlement with insurers despite a court order to maintain the status quo....

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