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ResCap Gets Green Light For $597M Settlement With FGIC

By Richard Vanderford · September 13, 2013, 8:28 PM EDT

A New York bankruptcy judge on Friday approved a settlement between Residential Capital LLC and Financial Guaranty Insurance Co. that slashes the bond insurer's multibillion-dollar claims against bankrupt ResCap to $596.5...

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Documents

Decision

Case Information

Case Title

Residential Capital, LLC

Case Number

1:12-bk-12020

Court

New York Southern

Nature of Suit

Date Filed

May 14, 2012

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