Amini LLC achieves a resounding appellate victory resulting from a high-stakes, 8-figure commercial trial in the Bankruptcy Court against Lynn Tilton, the ”Diva of Distressed”. Amini’s team held Lynn Tilton and her enterprise, Patriarch Partners, accountable for marked breaches of fiduciary duty and fraudulent transfers at the ambulance company Tilton controlled, TransCare, a key 911

2nd Circ. Says Lynn Tilton Owes $39.2 M to TransCare Estate Read More »

The newly announced $8 million settlement is much smaller than an initial $37 million claim from the U.S. Department of Education. The department’s primary concern was that FCC Holdings pay back all of the money its colleges had received in Pell Grants for the 2013-14 academic year — about $32 million, said Avery Samet. Samet is an attorney

For Profit Chain’s Bankruptcy Grinds to an End Read More »

Clingman & Hanger Management Associates, LLC  and Amini LLC today announced the approval of a settlement agreement with the US Department of Education (DOE), clearing the way for a final resolution of the complex bankruptcy of FCC Holdings, Inc.  Prior to its 2014 bankruptcy, FCC operated 41 for-profit schools under the trade names Florida Career

Court Approves Trustee’s Settlement with US Government Closing the Bankruptcy of For-Profit, Post-Secondary Schools Operator, Florida Career College Read More »

Dear Clients and Friends: Amini LLC just received a very significant decision from U.S Bankruptcy Judge Stuart M. Bernstein in a case we tried last summer against Lynn Tilton, chief executive officer and sole principal of Patriarch Partners, LLC and its affiliated entities, a holding company managing 75 companies: almost $42 million against her personally

Amini LLC wins $42 million bankruptcy decision Read More »