ResCap Hits Snag In Bid For $4M To $7M Incentive Plan

By Maria Chutchian · August 29, 2012, 2:13 PM EDT

A New York bankruptcy judge on Tuesday denied Residential Capital LLC's bid for an incentive program that would award key insiders between $4.1 million and $7 million, saying much of the...

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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