3rd Circ. Nixes Tilton Co.'s $4M Fee From Zohar Ch. 11 Sale

By Jeff Montgomery (August 1, 2022, 6:06 PM EDT) -- The Third Circuit has dealt distressed debt figure Lynn Tilton another setback in her fight over the dismantling of her fleet of Zohar Funds turnaround companies, rejecting a Tilton-tied affiliate's appeal from a lower court's denial of a nearly $4 million bankruptcy sale fee....

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