Brigade Capital Management

Macy’s Board Ends Acquisition Talks With Arkhouse, Brigade
Macy’s Board Ends Acquisition Talks With Arkhouse, Brigade
July 15, 2024  |  Acquisitions

The Macy’s board of directors has unanimously decided to end acquisition talks with Arkhouse Management and Brigade Capital Management. The decision follows more than seven months of engagement...

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Macy’s Investors Reportedly Launch $5.8 Billion Bid to Take Retailer Private
Macy’s Investors Reportedly Launch $5.8 Billion Bid to Take Retailer Private
December 10, 2023  |  Retail

A group of investors reportedly wants to make department store chain Macy’s a private company. Real estate investment firm Arkhouse Management and Brigade Capital Management,...

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Revlon Creditors Ask Judge To Allow Expert On Citi’s $900M Error
Revlon Creditors Ask Judge To Allow Expert On Citi’s $900M Error
September 16, 2020  |  Legal

Several Revlon creditors want to enlist an expert to share his opinion on whether they should have known that a $900 million payout from Citigroup...

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Citigroup Still At Odds With Hedge Fund Over Bank Payment Mistake
Citigroup Still At Odds With Hedge Fund Over Bank Payment Mistake
September 07, 2020  |  Legal

In an unusually public feud, Citigroup is engaged in a squabble with a creditor over the mistaken $900 million Revlon payments from earlier this year...

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Judge Stops $175M Revlon Loan Payment For Citi
Judge Stops $175M Revlon Loan Payment For Citi
August 18, 2020  |  Legal

Citigroup‘s request to freeze around $175 million in funds that were paid to hedge fund manager Brigade Capital Management by mistake has been granted by...

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Citibank Files Suit For $176M Payment Made By Mistake
Citibank Files Suit For $176M Payment Made By Mistake
August 18, 2020  |  Debt

Citigroup Inc. has asked a federal judge to order Brigade Capital Management LP to return $176 million accidentally paid to the New York-based global investment...

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