ResCap Again Urges Approval Of $1B Ally Payout

By Brian Mahoney · June 10, 2013, 7:46 PM EDT

Residential Capital LLC asked a New York federal bankruptcy court on Monday to approve a $1.1 billion claims payout to Ally Financial Inc., dismissing as unfounded an objection to the deal...

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Documents

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