Patriarch Partners, LLC v. AXIS Insurance Company

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Case Number:

1:16-cv-02277

Court:

New York Southern

Nature of Suit:

Insurance

Judge:

Valerie E. Caproni

Firms

Companies

Sectors & Industries:

  1. September 22, 2017

    Axis Gets Win In Patriarch Coverage Over Tilton Probe Case

    A New York federal judge Friday denied Lynn Tilton's Patriarch Partners LLP insurance coverage for a $20 million U.S. Securities and Exchange Commission probe, saying it was already under investigation when it took out $5 million in excess coverage from Axis Insurance Co.

  2. February 27, 2017

    Patriarch Slams Axis' Bid To Avoid Coverage In Tilton Probe

    Lynn Tilton's Patriarch Partners LLP hit back Friday against claims that it already knew it was the subject of a $20 million U.S. Securities and Exchange Commission probe for fund fraud when it took out $5 million in excess coverage from Axis Insurance Co.

  3. January 25, 2017

    Axis Fights Coverage Under Policy Tilton Bought During Probe

    Axis Insurance Co. doesn't have to pay up under $5 million in excess coverage held by Lynn Tilton's Patriarch Partners LLP, the insurer told a New York federal judge Tuesday, contending that the private equity firm secured the policy while under formal investigation for fund fraud by the U.S. Securities and Exchange Commission.

  4. October 21, 2016

    Axis Says Tilton Bought $5M Policy While Under SEC Scrutiny

    Patriarch Partners boss Lynn Tilton knew her funds were under investigation by the U.S. Securities and Exchange Commission in August 2011 when she shopped Axis Insurance Co. for $5 million in excess coverage, the insurer's lawyer told a Manhattan federal judge Friday.

  5. April 29, 2016

    Tilton Scraps With AXIS Over $5M To Fund Bout With SEC

    Having blown through $20 million in three executive liability policies in a fight with the U.S. Securities and Exchange Commission, Lynn Tilton's Patriarch Partners LLC private equity firm went before a Manhattan federal judge Friday in a bid to secure $5 million in excess coverage from AXIS Insurance Co.