“MDHI vehemently disagrees with the verdict and is considering its numerous post-verdict and appellate rights but, given its status as one of the portfolio companies of the Zohar debtors, we thought it prudent to alert Your Honor to this development,” Christopher J. Judge Owens is currently overseeing efforts to sell MDHI and other Patriarch companies to cover more than $1 billion in claims filed by Zohar funds noteholders who staked Tilton’s once high-flying business-turnaround enterprise. Owens in Delaware about the Alabama decision. Late Monday, Latham & Watkins LLP, counsel for MDHI, notified U.S. Those jury-approved awards, if tripled, could top $110 million, plus attorney fees and costs. Army-brokered MDHI sales to forces in El Salvador, Costa Rica and Saudi Arabia.Īlthough the original suit sought $354 million in damages for four contracts, the claims that went to the jury resulted in an award of $3.8 million for a tainted contract with El Salvador, $29.1 million for an agreement with Saudi Arabia and $3.3 million for a deal with Costa Rica. District Court for the Northern District of Alabama found the company guilty of fraud Friday in connection with U.S. Tony Mastando, attorney originally represented the whistleblowers.Īw360 (September 28, 2021, 4:44 PM EDT) - Efforts to sell a helicopter company long seen as a high-value holding of distressed debt investor Lynn Tilton’s Patriarch Partners have hit serious turbulence in the form of a $36.2 million federal whistleblower suit award and potential treble damages against the company, MD Helicopters Inc. I just may try to sleep, exercise and sew a little more.Under that act the whistleblowers can receive up to 30 percent of the tripled damages, with the rest going to the government. I don’t know what the next year will bring, but if it’s anything like the last year, I’ll welcome it with open arms. Transforming women’s lives, one purse at a time. I’ve also updated my my geography skills: Purse Perfectors are in every state but Alaska, in many parts of Canada and in 16 other countries. Women share the things we love and I’ve seen the power of that from Cincinnati to Cary, Billings to Annapolis, to NYC, Toronto and Milwaukee. Her sister in Cary, North Carolina then had lunch with her friends and over 2 days, I received 5 orders from Cary. One example: a neighbor bought Purse Perfectors as gifts for her sisters. The power of women’s friendship is also part of what I’ve been able to witness this year. I am very blessed with the many people have led me to this day. Friends and mentors over the years have introduced me to others to get me to the next connection and the next. The greatest education and joy I’ve had in the last year is how helpful people have been to get my sewing room creation out of my house and into your purse. I’ll be attending the NAPO San Francisco Bay area One Day conference in October and look forward to being with the thoughtful and energetic members in that great city. They have enthusiastically shared Purse Perfectors with their clients nationwide. Working with NAPO members across the country has been a terrific experience. That sale led me to joining NAPO and attending their annual conference in Columbus, Ohio - only 2 hours away! Janine Sarna-Jones, a member of the National Association of Professional Organizers (NAPO), referred one of her NYC clients to my website. Now I’m a huge fan and an associate member. If only there was a comic book primer for entrepreneurs whose skills lie elsewhere. But now I know what to ask for and perhaps how to shorten the learning curve. There have been so many changes that it would be impossible to count them. It’s been about 370 days since the website went up. What is SEO? Where do you get an SSL and why? That was just the beginning. How many units, which colors, what’s the best delivery system?īut learning how to build an online web-store was the most daunting task. Then came decisions on zippers and embroidery colors. Seymour helped me find a good manufacturer. I thought that my path would be clear, but I had so much to learn.Īs a life-long sewer (and fabricaholic), I knew the type of durable, washable fabric I needed for the Purse Perfectors. Seymour showed me that he could hand-tailor the Purse Perfector in America, my dream since 2001. It started when my sewing teacher Sandra Betzina, introduced me to Seymour Jaron in San Francisco in March 2009.
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