Kessler ClassBy Carlson Lynch On September 27, 2013
Carlson Lynch is pleased to announce a substantial settlement on behalf of a class of approximately
44,000 residential mortgage borrowers. Bruce Carlson and Carlson Lynch are co-lead counsel for the Class.
The settlement was negotiated as part of the bankruptcy proceedings in the case captioned In re: Residential
Capital, LLC, et al., Case No. 12-12020 (United States Bankruptcy Court, Southern District of New York).
In connection with the settlement the debtor has agreed to an allowed claim amount of $300 million for the
Class. The settlement was preliminarily approved on August 23, 2013 and the Final Approval hearing is
scheduled for November 19, 2013. A Notice which describes the settlement in more detail is posted in the
Class Notice section of this website. Any questions regarding this settlement should be directed to