Ally Could Be On Hook For $25B, ResCap Creditors Say

By Maria Chutchian · April 12, 2013, 4:23 PM EDT

Residential Capital LLC unsecured creditors on Thursday asked a New York bankruptcy judge for permission to sue ResCap's former parent Ally Financial Inc., saying the auto lender could be responsible for...

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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