Ally And Rescap Foes Over $2 Billion

Creditors of taxpayer-owned Ally Financial’s bankrupt ResCap unit said last night that efforts to mediate a $2 billion dispute between the companies had failed.In a bankruptcy court filing, the ResCap creditors said they would seek to sue Ally.The unsecured creditors committee said it would not file the...

Topics:  rescap   ally   billion   creditors   


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