Citi Wants To Be Revlon Creditor Over $500M Wire Mistake
By Jon Hill ( August 15, 2022, 8:55 PM EDT) -- Citibank NA has asked a New York federal judge to rule that it can stand in as a creditor in Revlon's bankruptcy case after the bank mistakenly paid off $500 million of debt owed by the cosmetics giant and has been unable to get the money back from the lenders that received it....
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