ResMae Committee Opposes Merrill Request

Law360, New York (June 1, 2007, 12:00 AM EDT) -- The official committee of unsecured creditors of ResMae Mortgage Corp. has filed a motion saying it cannot track interest for disputed claims as creditor Merrill Lynch had requested.

In its motion filed Thursday in the U.S. Bankruptcy Court for the District of Delaware, the committee said it could not amend its reorganization plan. “Not only is such a provision not required under the Bankruptcy Code, but, in this case, it would impose an administrative burden on the estate and the trust that far outweighs any nominal...
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