{"id":8455,"date":"2008-08-25T00:00:00","date_gmt":"2008-08-25T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"milton-bros-feel-heat-on-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2008\/milton-bros-feel-heat-on-funds.html","title":{"rendered":"MILTON BROS. FEEL HEAT ON FUNDS"},"content":{"rendered":"<p>New York Post &#8211; The heat is getting turned up under Alan and Philip Milton, the brother team that runs Greenwich-based Windmill Management and its embattled SageCrest hedge funds. <\/p>\n<p> A lawyer for an investor in the SageCrest II hedge fund is threatening to fight the Miltons&#8217; Chapter 11 filing for the $500 million fund &#8211; claiming the duo made the court filing last Sunday night, in part, to head off the possible appointment of a forensic accountant to probe the fund&#8217;s books. <\/p>\n<p> WoodCreek Capital, was due in court Aug. 18, the day after the Miltons filed to liquidate their funds, to seek a pre-emptive lien on some of SageCrest assets and access to inspect their books. <\/p>\n<p> WoodCreek had filed a $5.8 million lawsuit against the Miltons&#8217; fund claiming the duo had reneged on a promise to honor their withdrawal from the fund. <\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.nypost.com\/seven\/08242008\/business\/milton_bros__feel_heat_on_funds_125801.htm\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York Post &#8211; The heat is getting turned up under Alan and Philip Milton, the brother team that runs Greenwich-based Windmill Management and its embattled SageCrest hedge funds. A lawyer for an investor in the SageCrest II hedge fund [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1101,1220,109,63,2325,129,2323,393,538,1576,358],"class_list":["post-8455","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-adverse-effect","tag-cocktail-party","tag-disapproval","tag-first-avenue","tag-last-spring","tag-losses","tag-ma","tag-proceedings","tag-sentiment-indicators","tag-successes","tag-value-investors"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8455"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8455\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}