Bondholders urge Ally to avoid ResCap bankruptcy - Pioneer Press

01/09/12

Bondholders urge Ally to avoid ResCap bankruptcy
Pioneer Press
Bondholders that own more than $800 million of ResCap's secured debt hired White & Case to oppose a possible bankruptcy filing for the Richfield-based unit, the law firm said in a statement. The group is "concerned" that Ally may try to walk away from ...
ResCap bondholders try to head off bankruptcyMinneapolis Star Tribune
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Secured Bondholders Holding Over $800 Million of Rescap Secured Bonds OrganizeSacramento Bee
American Banker (subscription)
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