Residential Capital, LLC and the official committee of unsecured creditors filed an amended plan of liquidation with related disclosure statement in the US Bankruptcy Court on August 20, 2013. As per the amended plan, Allowed Non Subordinated General Unsecured Claims Against GMACM & RFC of Assured in amount of $146.82 million and Ambac in amount of $230.12 will receive pro rata distribution from the liquidation trust.
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5-day change | 1st Jan Change | ||
0.4 USD | 0.00% | 0.00% | -33.33% |
2023 | ResCap Liquidating Trust Declares Cash Distribution, Payable on April 20, 2023 | CI |
2013 | Residential Capital, LLC Went Out of Business | CI |
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- Amended Liquidation Plan Filed by Residential Capital, LLC