Ally Financial Inc. is worried that the proposed sale of Residential Capital LLC’s mortgage-servicing platform might hamstring ResCap’s promise to abide by the terms of a landmark national mortgage settlement. Read the Daily Bankruptcy Review article here.
Dewey & LeBoeuf LLP could be on track to make legal history if ex-partners get their way in a fight over a proposed $165,000 bonus for finance chief Frank Canellas.