Judge Wants More Info Before Ruling On ResCap Bonuses

By Lisa Uhlman · August 8, 2012, 7:16 PM EDT

A New York bankruptcy judge declined Wednesday to rule on Residential Capital LLC's plan to pay nearly 200 employees and executives up to $18 million in bonuses, asking the debtor for...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Case Information

Case Title

Residential Capital, LLC

Case Number

Court

New York Southern

Nature of Suit

Date Filed

May 14, 2012

Recent Articles By Lisa

December 20, 2012
ResCap Wins More Time To File Ch. 11 Plan
December 17, 2012
Credit Union Board Backs ResCap's Request For Mediator
December 13, 2012
MSR Resort's Disclosure Statement Gets Green Light
December 11, 2012
MSR Ch. 11 Plan Incorporates $1.5B Sale To Sovereign Fund
December 07, 2012
ResCap Seeks More Time To File Ch. 11 Plan
December 05, 2012
Judge Won't Find $1.5B Bid For MSR Was In Good Faith Yet
November 19, 2012
Judge To Sign Off On 2 Key ResCap Sales Worth $4.5B
November 13, 2012
ResCap Unit GMAC Hit With Suit Over Servicing Agreement
November 09, 2012
Ally, ResCap Agree To Hand Loan Files Over To FHFA
October 23, 2012
Judge Says No Dice To ResCap Homeowners Committee