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Kessler Class

By 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
Bruce Carlson.