Ally's ResCap Said to Seek Buyers for Prearranged Bankruptcy - ...
02/08/12
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Ally's ResCap Said to Seek Buyers for Prearranged Bankruptcy
BusinessWeek
The bondholder group holds $800 million in ResCap debt and has said it would resist a bankruptcy filing. It may seek to block any sale of the unit in bankruptcy by claiming that ResCap wasn't separate from Ally and therefore can't be split through a ...
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BusinessWeek
The bondholder group holds $800 million in ResCap debt and has said it would resist a bankruptcy filing. It may seek to block any sale of the unit in bankruptcy by claiming that ResCap wasn't separate from Ally and therefore can't be split through a ...