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ResCap Judge Says He Will OK Disclosure Statement

By Maria Chutchian ( August 21, 2013, 1:51 PM EDT) -- A New York bankruptcy judge said Wednesday that he will approve Residential Capital LLC's disclosure statement, allowing it to begin the process of soliciting votes for its Chapter 11 plan and eventually provide some recovery to creditors with the help of a $2. 1 billion settlement. . . .

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