Citi Waives Response To Petition Challenging Class Denial In Bankruptcy Court

(December 11, 2023, 2:35 PM EST) -- WASHINGTON, D.C. — Citigroup Inc. and Citibank N.A. (together, Citi) waived their right to respond to a petition pending in the U.S. Supreme Court by a New York debtor who seeks to proceed with claims on behalf of a nationwide class accusing Citi of “trap[ping]” debtors by failing to remove notations of “charged off” accounts following bankruptcy discharge orders after the Second Circuit U.S. Court of Appeals ruled that the class could never be certified....