October 13, 2021
In Re: TransCare Corporation
Case Number:
21-2547
Court:
Nature of Suit:
Companies
Sectors & Industries:
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Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.
Coverage
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August 28, 2023
2nd Circ. Says Lynn Tilton Owes $39.2M To TransCare Estate
The Second Circuit on Monday upheld an award of $39.2 million in damages to the bankruptcy estate of an ambulance business and said its director and indirect owner, Lynn J. Tilton, breached her fiduciary duty when she created a plan to sell the profitable parts of the company to herself before the remainder of the organization filed for Chapter 7 bankruptcy.
Parties
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