Residential Capital, LLC  Bankruptcy New Filing Alert: Order Regarding The Motion For The Court To Abstain Or Withdraw The Reference From The Bankruptcy Court

On January 20, 2015, an order regarding the motion for the court to abstain or withdraw the reference from the bankruptcy court was filed in the bankruptcy case of Residential Capital, LLC  and its affiliates.

The filing was assigned docket number 8003 and is described on the court’s official docket as follows:

Order of U.S. District Court Judge Jesse Furman signed on 12/18/2014. For the foregoing reasons, Movants’ motion to withdraw their claims from the Bankruptcy Court is DENIED. The Clerk of Court is directed to close the case and to mail a copy of this Memorandum Opinion and Order to Movants. (tro)

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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