ResCap Gets More Time to Control its Chapter 11 Case - 4-traders (pr...

06/12/13

ResCap Gets More Time to Control its Chapter 11 Case
4-traders (press release)
As part of the $2.1 billion settlement, which was $1.35 billion more than Ally said it would pay when ResCap entered Chapter 11 last spring, creditors agreed not to pursue litigation against Ally that threatened to upend both the bankruptcy case and ...

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