August 24, 2020
Citibank NA has won yet another bid in New York federal court to temporarily freeze tens of millions of dollars investment companies have allegedly refused to return after the financial giant mistakenly transferred the funds as part of a $900 million payment to Revlon Inc. lenders.
August 18, 2020
Citigroup Inc. won a bid Tuesday in New York federal court to temporarily freeze $175 million the financial giant says Brigade Capital Management LP refused to return after Citigroup mistakenly transferred the amount as part of a $900 million payment to Revlon Inc. lenders.
August 17, 2020
Citigroup Inc. filed a lawsuit Monday in New York federal court against Brigade Capital Management LP, seeking the return of the hedge fund manager's $175 million share of a nearly $900 million payment that Citigroup said it mistakenly transferred to Revlon Inc. lenders and that Brigade is refusing to return.