Residential Capital, LLC  Bankruptcy New Filing Alert: Plan Of Reorganization

On June 1, 2015, a plan of reorganization was filed in the bankruptcy case of Residential Capital, LLC  and its affiliates.

The filing was assigned docket number 8675 and is described on the court’s official docket as follows:

Motion to Allow Certain Non-Material Plan Modifications filed by James O Moore on behalf of Deutsche Bank National Trust Company and Deutsche Bank Trust Company Americas, as Trustee of Certain Mortgage-Backed Securities Trusts, HSBC BANK USA, N.A., The Bank of New York Mellon, The Bank of New York Mellon Trust Company, N.A., U.S. Bank National Association, as Trustee of Certain Mortgage Backed Securities Trusts, Wells Fargo Bank, N.A., as Custodian for Certain Mortgage Backed Securities Trusts with hearing to be held on 7/30/2015 at 10:00 AM at Courtroom 501 (MG) Objections due by 6/23/2015,. (Attachments: # (1) Exhibit 1 (Proposed Order)) (Moore, James)

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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