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Zohar Funds' Debt Agent Approved Over Tilton Objections

By Vince Sullivan ( February 26, 2019, 6:39 PM EST) -- The retention of the collateral debt agent in the Chapter 11 case of distressed company investor the Zohar Funds received court approval Tuesday when a Delaware bankruptcy judge determined that the terms of a settlement reached months ago allow for the payment of the agent's fees despite objections from the funds' founder, Lynn Tilton, to the anticipated costs of the retention....

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