Committee In ResCap Bankruptcy Moves To Compel Firm To Produce Communications

Committee In ResCap Bankruptcy Moves To Compel Firm To Produce Communications

NEW YORK - The Official Committee of Unsecured Creditors in the Chapter 11 bankruptcy of Residential Capital LLC (ResCap) on Sept. 25 moved in the U.S. Bankruptcy Court for the Southern District of New York to compel a law firm to produce communications between ResCap and Ally Financial Inc. related to settlement negotiations involving trust agreements with investors in residential mortgage-backed securities (RMBS) (In Re: Residential Capital LLC, No. 12-12020, Chapter 11, S.D. N.Y. Bkcy.). Subscribers may view the motion available within the full article.

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