Berkshire Hathaway Fights ResCap's Bid For $1B Ally Payout

By David McAfee · June 5, 2013, 10:28 PM EDT

Warren Buffett's Berkshire Hathaway Inc. on Wednesday objected to Residential Capital LLC and its debtors' request for the court to approve a more than $1.1 billion payout to Ally Financial Inc.,...

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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