Residential Capital, LLC  Bankruptcy New Filing Alert: Response To The Motion For Authority To Assume And/Or Assign Agreements

On November 15, 2013, a response to the motion for authority to assume and/or assign agreements was filed in the bankruptcy case of Residential Capital, LLC  and its affiliates. The filing was assigned docket number 5785 and is described on the court’s official docket as follows:

Response and Reservation of Rights of U.S. Bank National Association, as RMBS Trustee and Escrow Agent, with Respect to Notice of Filing of the Assumption Schedule Consisting Exhibit I of the Plan Supplement, as Modified filed by Ronald L. Cohen on behalf of U.S. Bank National Association as RMBS Trustee and Escrow Agent. with hearing to be held on 11/19/2013 (check with court for location) Objections due by 11/15/2013, (Cohen, Ronald)

Residential Capital, LLC  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 14, 2012. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 12-12020. The bankruptcy case is currently assigned to United States Bankruptcy Judge Martin Glenn. The law firm of Morrison & Foerster LLP is acting as lead bankruptcy counsel to Residential Capital, LLC  in the bankruptcy case.

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