Citi Denied $500M Freeze Extension In Revlon Transfer Fight

By Jon Hill (May 12, 2021, 5:53 PM EDT) -- A New York federal judge ruled Wednesday that a group of Revlon lenders that were accidentally wired more than $500 million by Citibank NA last summer should be able to have access to that money while the bank takes its clawback effort to the Second Circuit, though he won't be unfreezing the funds just yet....

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