Residential Capital’s ad hoc group of junior secured noteholders filed with the U.S. Bankruptcy Court an order approving the FGIC settlement motion and the order granting Debtors’ motion pursuant to Fed. R. Bankr. P. 9019 for approval of the settlement agreement among FGIC, the Debtors, the trustees and the institutional investors, dated September 20, 2013.
About Brandy Chetsas
Brandy L. Chetsas is editor in chief at Bankrupt Company News. She joined New Generation Research, Inc. in 1998. As Director of Strategic Content, she leverages 20+ years of communications and project management experience for the distressed investing sector–with particular expertise on corporate restructurings via Chapter 11. Brandy began her career writing for a law enforcement-related publication and teaching English courses at numerous colleges in the U.S. and abroad.