IN RE RESIDENTIAL CAPITAL, LLC

Case No. 12-12020 (MG)

497 B.R. 720 (2013)

IN RE RESIDENTIAL CAPITAL, LLC, et al., Debtors.

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

September 13, 2013.


Attorney(s) appearing for the Case

Alston & Bird LLP, by John C. Weitnauer, Esq. (pro hac vice), Michael E. Johnson, Esq., New York, NY, Counsel to Wells Fargo Bank, N.A., as Trustee of Certain Mortgage Backed Securities Trusts.

Dechert LLP, by Glenn E. Siegel, Esq. , New York, NY, Counsel to The Bank of New York Mellon and The Bank of New York Mellon Trust Company, N.A., as Trustee of Certain Mortgage-Backed Securities Trusts.

Gibbs & Bruns LLP, by Kathy Patrick, Esq. , Houston, TX, Attorneys for Steering Committee of RMBS Investors.

Jones Day, by Richard L. Wynne, Esq. , Howard F. Sidman, Esq. , New York, NY, Attorneys for Creditor Financial Guaranty Insurance Company.

Kramer Levin Naftalis & Frankel LLP New York, NY by Philip S. Kaufman, Esq. , Counsel to the Official Committee of Unsecured Creditors.

McKool Smith, P.C., by Peter S. Goodman, Esq. , Michael R. Carney, Esq. , New York, NY, Counsel for Federal Home Loan Mortgage Corporation.

Morrison & Foerster LLP, by Charles L. Kerr, Esq. , Joseph Alexander Lawrence, Esq. , New York, NY, Counsel for the Debtors and Debtors in Possession.

Moss & Kalish, PLLC, by David B. Gelfarb, Esq. , New York, NY, Counsel for Federal Home Loan Mortgage Corporation.

Ropes & Gray, by Andrew G. Devore, Esq. , Boston, MA, Attorneys for Steering Committee of RMBS Investors.

Seward & Kissel LLP, by Jeffrey Dine, Esq. , Mark Kotwick, Esq. , New York, NY, Counsel to U.S. Bank National Association, as Trustee of Certain Mortgage-Backed Securities Trusts.

White & Case LLP, by J. Christopher Shore, Esq. , New York, NY, Attorneys for the Ad Hoc Group of Junior Secured Noteholders.

Willkie Farr & Gallagher LLP, by Joseph T. Baio, Esq. , Mary Eaton, Esq. , Emma J. James, Esq. , New York, NY, Attorneys for Monarch Alternative Capital LP, Stonehill Capital Management LLC, Bayview Fund Management LLC, CQS ABSMaster Fund limited and CQS Alpha MasterFund Limited.


Chapter 11

Jointly Administered

MEMORANDUM OPINION AND ORDER, AND FINDINGS OF FACT AND CONCLUSIONS OF LAW, APPROVING THE FGIC SETTLEMENT MOTION

MARTIN GLENN, UNITED STATES BANKRUPTCY COURT

Before the Court is the Debtors' Motion Pursuant to Fed. R. Bankr.P. 9019 for Approval of the Settlement Agreement Among the Debtors, FGIC, the FGIC Trustees and Certain Institutional Investors (the "Motion," ECF Doc. # 3929).

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