Citigroup seeks longer Revlon fund freeze during appeal over botched payment
Citigroup Inc wants a U.S. judge to extend a freeze on about $504 million that it mistakenly sent a group of Revlon Inc lenders, while it appeals his decision that they can keep the money. In a Tuesday night filing, Citigroup asked U.S. District Judge Jesse Furman in Manhattan to convert his temporary freeze over the funds into a longer-lasting injunction. Citigroup said giving the 10 lenders freedom to distribute the funds to their investors would make it “very difficult, if not impossible” t
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