FDIC Says Bankruptcy Stay Doesn't Block Ally Suit

By Lisa Uhlman · July 6, 2012, 4:20 PM EDT

The Federal Deposit Insurance Corp. asked a New York bankruptcy judge Thursday to dismiss an adversary proceeding filed by bankrupt Residential Capital LLC seeking to bar the agency from suing its...

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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