Coverage
-
August 28, 2023
The Second Circuit on Monday upheld an award of $39.2 million in damages to the bankruptcy estate of an ambulance business and said its director and indirect owner, Lynn J. Tilton, breached her fiduciary duty when she created a plan to sell the profitable parts of the company to herself before the remainder of the organization filed for Chapter 7 bankruptcy.
1 other articles on this case.
View all »