Perelman and Drapkin Head to Court to Fight Over $20 Million

Ah, just what everybody in the city needs to raise morale—a billionaire and multimillionaire buddy arguing over a measly $20 million. That’s what’s going to happen when Ronald Perelman and Donald Drapkin head to a Manhattan courtroom next week. Drapkin worked for Perelman for years at MacAndrews & Forbes as Perelman’s holding company scarfed up small businesses like Revlon and Marvel Comics. Drapkin is insisting that Perelman owes him $20 million as per their agreement on his parting gift from when he left the company back in 2007. [New York Times]