ResCap Fires Back At US In Defense Of $8M In Bonuses

By Maria Chutchian · April 9, 2013, 5:45 PM EDT

Residential Capital LLC on Tuesday defended its $8 million in bonuses for employees, saying a New York bankruptcy court should ignore the U.S. trustee's objection because the payments are needed to...

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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