Highland Capital Management Files for Chapter 11 Bankruptcy

(Reuters) Investment firm Highland Capital Management LP filed for Chapter 11 bankruptcy protection, amidst a legal battle with investors, a court filing showed. In a petition, the fund manager listed investors in its shuttered Highland Crusader Fund as its largest creditor. The hedge fund closed in 2008, during the financial crisis.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply