ResCap Wins In Bondholder Row Over $342M Interest Payout

By Maria Chutchian · November 15, 2013, 1:45 PM EST

Residential Capital LLC scored a significant victory Friday when a bankruptcy judge ruled that a group of junior secured noteholders are not entitled to $342 million in additional interest on 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