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Revlon Creditors Challenge 2020 Loan Transactions

Revlon Creditors Challenge 2020 Loan Transactions

Some of Revlon’s creditors have asked a US bankruptcy judge in Manhattan to unwind the bankrupt cosmetic giant’s 2020 loan restructuring, saying that a group of senior lenders fleeced other creditors by improperly laying claim to the company’s valuable intellectual property assets.

The creditors, including Brigade Capital and Nuveen Asset Management, in a court filing late Monday accused a separate faction of lenders, known as the…


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Oracle to close 2 Cerner campuses in Kansas City

Oracle to close 2 Cerner campuses in Kansas City