From Bloomberg Law:
Some of the Revlon Inc. creditors who were accidentally sent more than $900 million by Citigroup Inc. were denied a bid for a wider review of an appeals court ruling ordering them to give the money back.
The lenders — which include Brigade Capital Management LP, HPS Investment Partners LLC and Symphony Asset Management — asked the 2nd US Circuit Court of Appeals last month to have a larger group of judges review the decision by a three-judge panel. The panel had reversed a lower-court ruling that they could keep $504 million the bank mistakenly wired them in 2020. …
Continue reading Revlon Lenders Lose Bid for Review of Appeal in Citi Error Case on Bloomberg Law
Do you have a complaint about Citibank, such as locked accounts or overcharges? Take your claim to FairShake, the consumer advocacy service.