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02/05/2013 12:01:07 PM EST

Ally CEO Threatens To Withdraw $750M ResCap Creditor Deal

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Law360: Real Estate

The CEO of auto lender Ally Financial Inc. told investors Tuesday that the company was prepared to withdraw its $750 million pre-petition settlement with creditors of its bankrupt mortgage servicing arm Residential Capital LLC if they can’t “expeditiously Read More...