Tilton Fails To Convince Judge To Toss Bank's Fraud Suit

By Reenat Sinay (August 21, 2019, 6:02 PM EDT) -- A New York state judge has refused to grant an early exit to investment manager Lynn Tilton in a German bank's $45 million fraud suit against her and her Patriarch Partners companies, saying Tuesday that there are still disputed issues of fact.

Tilton and Patriarch had argued that the claims brought by Norddeutsche Landesbank Girozentrale, or Nord/LB, were time-barred, but Justice Joel M. Cohen rejected her summary judgment bid, finding that there was not conclusive evidence that the bank knew about the purported fraud at the time Tilton said it did.  

"Defendants have not put forward incontrovertible evidence that the marketing...

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