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Zohar Deal Stays Litigation, Appoints Independent Director

By Vince Sullivan ( May 21, 2018, 7:58 PM EDT) -- A settlement reached among key players Monday in the Delaware Chapter 11 cases of the Zohar Funds will pause active litigation between the parties for 15 months and will see founder Lynn Tilton largely step aside from running the funds in favor of an independent director. . . .

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