desk

Highland Capital lawsuit filed

Category: ABS CLOs CMBS


Previous Story       Next Story

Sector developments and company hires

Highland Capital lawsuit filed
The latest lawsuit brought by Highland Capital Management (HCMLP) against former employees has been filed in the bankruptcy court of the northern district of Texas. The action seeks to “recover hundreds of millions of dollars in damages that HCMLP suffered at the hands of its founder, James Dondero, acting in concert with other entities that he owned and/or controlled… and with the aid of other HCMLP officers and attorneys who disregarded their fiduciary duties to HCMLP in favour of Dondero and their own self-interests.”

Already registered?

Not yet registered? Join today to access SCI Content.

-