ResCap Settlement Allowing $1.2B In FHFA Claims OK'd

By David McAfee · November 27, 2013, 8:27 PM EST

A New York bankruptcy judge on Tuesday granted Residential Capital LLC's motion for approval of a settlement agreement between its debtors, former parent Ally Financial Inc. and unsecured creditors, which allows...

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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