Zohar III, Corp.

  1. June 10, 2020

    Zohar Claims Lynn Tilton Is Withholding Tax Info

    The Zohar funds are asking the Delaware bankruptcy court to authorize them to compel funds founder Lynn Tilton to turn over tax documents they say she is withholding as part of the long-running fight between them over control of Zohar's portfolio of companies.

  2. April 21, 2020

    Zohar, Tilton Urged To Cooperate On New Manager Picks

    A Delaware bankruptcy judge urged the Zohar Funds and their founder, Lynn Tilton, to work together to come up with a candidate to take over as manager of one of Zohar's portfolio companies Tuesday after the court wouldn't allow Tilton to rescind her resignation from that position and declared it vacant.

  3. April 15, 2020

    Tilton Seeks Del. Court Nod For Limited Patriarch Comeback

    A new showdown is looming over turnaround manager Lynn Tilton's claimed return to the helm of some of Patriarch Partners' distressed businesses, as she sought Wednesday to amend a Delaware bankruptcy court order so she can continue temporary control despite her alleged resignations and Zohar fund creditors' opposition.

  4. March 26, 2020

    Tilton Quits, Then Returns, After Losing Patriarch Sale Control

    Distressed debt investment mogul Lynn Tilton on Thursday partially walked back a weekend resignation of her controlling positions over a fleet of Patriarch Partners companies, after reportedly quitting Saturday in the wake of a Delaware bankruptcy court order directing her compliance with milestones for selling the businesses.

  5. February 24, 2020

    Tilton Conflict Concerns Loom In Zohar Ch. 11 Sale Battle

    A Delaware bankruptcy judge acknowledged Monday a looming need to grapple with distressed debt innovator Lynn Tilton's alleged myriad of conflicts in a Chapter 11 battle over the sale of companies she controls to pay off some $1.8 billion in debt to her former Zohar funds.

  6. February 20, 2020

    Del. Judge May Dictate Fix For Zohar-Tilton Ch. 11 Dispute

    A Delaware bankruptcy judge left open the possibility Thursday of a court-fashioned alternative to competing plans for meeting a bankrupt creditor group's demand for sales of nondebtor companies controlled by business turnaround mogul Lynn Tilton's Patriarch Partners LLC.

  7. February 19, 2020

    Tilton Denies Stymieing Zohar's Ch. 11 Sale Efforts

    Corporate turnaround mogul Lynn Tilton denied holding up court-supervised efforts to sell off parts of her Patriarch Partners business portfolio Wednesday while testifying in a dispute over competing deadlines and strategies for the Zohar Funds' Delaware Chapter 11 process.

  8. February 06, 2020

    Zohar Ch. 11 Sales Can Be Forced Over Objections Of Tilton

    A Delaware bankruptcy judge affirmed her ability Thursday to compel sales of the portfolio companies of the bankrupt Zohar Funds even if the debtors or founder Lynn Tilton opposed the transactions, saying a settlement agreement among the parties granted the court authority to resolve disputes over sales.

  9. February 05, 2020

    Tilton, Zohar Ready To Battle In Court Over Ch. 11

    The Zohar Funds and their founder Lynn Tilton are still feuding over her attempt to assert her rights to accept or reject sale timelines and offers for the investment vehicles' assets, as they vie for leverage on the eve of arguments in front of a Delaware bankruptcy judge.

  10. January 08, 2020

    Zohar Director Calls Tilton's Ch. 11 Sale Plan 'Backwards'

    The court-appointed director of the Zohar Funds is asking a Delaware bankruptcy judge to reject asset sale procedures proposed by Zohar founder Lynn Tilton, saying her sale timeline "seems precisely backwards."