Distressed debt fund dispute goes to Bermuda

By David Marchant

22 years ago

Topics

Bermuda Investment USA

Keywords

Ali Wambold Andrew Herenstein Lazard Debt Recovery Fund Lazard Freres Michael Weinstock

Steven Rattner

[ 1 more... ] [ top 5 ]

A legal dispute in the United States between Lazard Freres and the former portfolio managers of a now-defunct offshore mutual fund has spilled over to Bermuda.Lazard Debt Recovery Fund Ltd., which is registered in Bermuda, filed a lawsuit against Michael A. Weinstock, of New Jersey, at Bermuda Supreme Court on August 21, 2002.

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