Monday, October 29, 2012

In re Residential Capital, LLC, 2012 Bankr. LEXIS 4800 (Bankr ...

Collier on Bankruptcy was cited in this recent decision:

Collier on Bankruptcy section cited: 3 Collier on Bankruptcy ? 362.03[3][d]?(accessible by lexis.com subscribers)

Lexis.com subscribers can view the enhanced version of In re Residential Capital, LLC.

Lexis.com Overview: The loan files sought in this matter related to the mortgage loans in securitization trusts. The debtors argued that the discovery sought would be extremely costly and burdensome to the debtors and would distract the debtors? employees from key tasks related to the restructuring and preservation of their business. The court concluded that 11 U.S.C.S. ? 362(a) did not, standing alone, protect the debtors from discovery?.?

Source: http://www.pmflegal.com/blog/index.php/2012/10/29/in-re-residential-capital-llc-2012-bankr-lexis-4800-bankr-s-d-n-y-oct-12-2012/

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