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IN RE RESIDENTIAL CAPITAL, LLC

No. 12-12020 MG.

491 B.R. 73 (2013)

In re RESIDENTIAL CAPITAL, LLC, et al, Debtors.

United States Bankruptcy Court, S.D. New York.

April 12, 2013.

Attorney(s) appearing for the Case

Morrison & Foerster LLP, By: Gary S. Lee, Esq. , Lorenzo Marinuzzi, Esq. , Jordan A. Wishnew, Esq. , New York, NY, for the Debtors and Debtors in Possession.

Tracy Hope Davis, By: Brian S. Masumoto, Esq. , New York, NY, United States Trustee for Region 2.

Kramer Levin Naftalis & Frankel LLP, By: Kenneth H. Eckstein, Esq. , Stephen D. Zide, Esq. , New York, NY, Counsel for the Official Committee of Unsecured Creditors.

MEMORANDUM OPINION AND ORDER GRANTING DEBTORS' MOTION FOR APPROVAL OF A KEY EMPLOYEE RETENTION PLAN AND KEY EMPLOYEE INCENTIVE PLANS

MARTIN GLENN, Bankruptcy Judge.

Pending before the Court is the Debtors' Motion for an Order Pursuant to Sections 363(b) and 503(c)(3) of the Bankruptcy Code Authorizing (I) Implementation of (A) A Key Employee Retention Plan for Certain Non-Insiders and (B) Key Employee Incentive Plans for Certain Insiders, and (II) Payment...

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