Ally's ResCap Said to Seek Buyers in Prearranged Bankruptcy Pla...

02/08/12

Ally's ResCap Said to Seek Buyers in Prearranged Bankruptcy Plan
San Francisco Chronicle
Potential bidders are being told that a pre-packaged bankruptcy filing would allow the buyer to leave behind liabilities such as private-label securitizations that have been the subject of litigation, said these people. Fortress, Cerberus, Centerbridge ...

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