Chancery Rules Tilton Grab Of Stila Styles Invalid

By Leslie A. Pappas (May 31, 2022, 10:20 PM EDT) -- A Delaware judge ruled Tuesday that turnaround mogul Lynn Tilton's takeover of cosmetics company Stila Styles LLC in 2017 was invalid but stopped short of saying who the manager should be, leaving in limbo a Chapter 11 effort to appoint Kevin Carey, a retired bankruptcy judge, as manager of the cosmetics business....

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