ResCap Can't Justify $8M Employee Bonuses, US Trustee Says

By Matt Chiappardi · April 4, 2013, 4:56 PM EDT

The U.S. Trustee's Office took issue Wednesday with part of a plan for bankrupt real estate financier Residential Capital LLC to pay nearly $8 million in employee bonuses as it goes...

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Case Information

Case Title

Residential Capital, LLC

Case Number

1:12-bk-12020

Court

New York Southern

Nature of Suit

Date Filed

May 14, 2012