On May 15, 2012 the Credit Derivatives Determinations Committee for the Americas resolved that a Bankruptcy Credit Event occurred in respect of Residential Capital, LLC and on the same day resolved that an auction would be held. This page contains details of the DC Resolutions, auction documentation and other items relating to the auction for Residential Capital, LLC.
Further documentation relating to the auction will be added as it becomes available.
Event Publicly Available Information:
List of Participating Bidders: | |
Deliverable Obligations: | Submission of Potential Deliverable Obligations and Challenges |
Auction Timeline: | Common Event Determination Date: Monday, May 14, 2012 |
Related Press Release: | Final Auction Settlement Terms for Residential Capital, LLC Blackline against the 2012 Eastman Kodak Company Auction Settlement Terms |