Ally Pays $750 Million in ResCap Bankruptcy to ‘Avoid the Noise’ – Bloomberg

May 15, 2012 Posted By: Leave a comment
Ally and ResCap may struggle to placate creditors who haven’t settled, said Stephen Lubben, a bankruptcy law professor at Seton Hall University in Newark, New Jersey. “As these new parties come to the table, you can’t negotiate with them ...
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