LVMH Leaves Tiffany at Altar & $900 Million Bank Error
Andrew Rossman, a partner at Quinn Emanuel, discusses the legal battle between LVMH and Tiffany & Co., as the maker of Louis Vuitton bags tries to pull out of a $16 billion agreement to buy the jewelry brand. Anat Alon-Beck, a professor at Case Western Reserve School of Law, discusses an employee error that caused Citigroup Inc. to mistakenly pay out more than $900 million of its own money to a group of lenders expecting an interest payment on behalf of Revlon Inc. June Grasso hosts.
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