REVLON LOAN TRANSACTIONS
Revlon creditors challenge 2020 loan transactionsBoth lender groups participated in a $2 billion loan that Revlon used to purchase Elizabeth Arden in 2016. But the Brandco lenders, which i...
Wipro employees had a role in Citibank's big blunder that saw $900 million goneThe case involves one where Citibank acted as an administrative agent for a term loan taken by Revlon, and where it was to wire approximate...
Citigroup trial reveals chain of gaffes that led to the $900 million blunderAt the heart of the breakdown was a system known inside the bank as the “six eyes” approval process. Under the six-eyes protocol, three peo...
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