ResCap sale close - New York Post
03/09/12
![]()
ResCap sale close
New York Post
A fight over the proceeds would ensue because the planned ResCap sale would be in a bankruptcy court-administered sale known as a 363 deal. Under a 363, Fortress would buy the assets but not the liabilities of ResCap. Other bidders would have the right ...
[more]
New York Post
A fight over the proceeds would ensue because the planned ResCap sale would be in a bankruptcy court-administered sale known as a 363 deal. Under a 363, Fortress would buy the assets but not the liabilities of ResCap. Other bidders would have the right ...