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ResCap Again Urges Approval Of $1B Ally Payout

By Brian Mahoney ( June 10, 2013, 7:46 PM EDT) -- Residential Capital LLC asked a New York federal bankruptcy court on Monday to approve a $1.1 billion claims payout to Ally Financial Inc., dismissing as unfounded an objection to the deal from one of the debtor's largest bondholders, Warren Buffett's Berkshire Hathaway Inc. ...

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