Revlon Mistaken Payment: Don’t Banc on It.
The United States Court of Appeals for the Second Circuit (“2nd Circuit”) this week denied two motions filed by the defendants in the Revlon mistaken…
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Revlon Mistaken Payment Case: Defendants Take an (En Banc) Shot
As, we’ve reported, earlier this month a 3-judge panel of the United States Court of Appeals for the Second Circuit (“2nd Circuit”) reversed a lower…
The Revlon Mistaken Payment Decision Webinar: A Recap
Almost 750 people tuned in to a compelling webinar hosted by the LSTA on the 2nd Circuit decision on the Revlon Mistaken Payment.
The Revlon Mistaken Payment Decision Replay
Professors Ronald Mann and Eric Talley of Columbia Law School, who each drafted an amicus brief in this case, joined LSTA’s General Counsel Elliot Ganz…
Revlon Mistaken Payment: Reverting to Normal
updated on September 15, 2022 – Over the past few years, the LSTA has closely monitored and engaged on the issue of “loan market norms”. …
Revlon Mistaken Payment Decision Reversed by 2nd Circuit
The 2nd Circuit Court of Appeals just issued its opinion in the Revlon mistaken payment case, vacating the District Court’s decision that allowed the recipients…
Citi/Revlon Oral Argument: Certifiable?
By Elliot Ganz. As widely reported, in August 2020 Citibank made a mistaken $900 million payment to the lenders in a loan to Revlon that…
Loan Market Norms: Unexpected as the New Normal
By Elliot Ganz. What is going on with loan market norms? A provocative article by Duke Law professor Elisabeth de Fontenay puts this question front…
Revlon – Mistaken Payments Cutoff Dates
By Bridget Marsh. Following the court’s decision in the Revlon Case in February, administrative agents have been including specific provisions in new credit agreements.
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