ResCap Creditors Seek Docs On $9B RMBS Settlement

Law360, New York (September 25, 2012, 4:54 PM EDT) -- Residential Capital LLC's official committee of unsecured creditors asked a New York bankruptcy judge Tuesday to compel a law firm to produce communications related to a proposed $8.7 billion settlement with 392 securitization trusts over residential mortgage-backed securities.

The official committee of unsecured creditors appointed in the case wants the court to force Gibbs & Brun LLP, which represents the institutional investors that reached the deal with ResCap, to produce settlement communications in accordance with an Aug. 27 subpoena, saying G&B has said it won't produce...
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