May 29 (Bloomberg) -- The examiner in the Residential Capital bankruptcy has charged approximately $83 million to create his report, but it remains under seal. Berkshire Hathaway has asked the judge to unseal the report before the Ally Financial subsidiary's settlement agreement is approved. Also in this week's episode: Looks at the Lehman bankruptcy and a definition of "advance sheets" for those too young to have ever used them.

(Source: See more +

May 29 (Bloomberg) -- The examiner in the Residential Capital bankruptcy has charged approximately $83 million to create his report, but it remains under seal. Berkshire Hathaway has asked the judge to unseal the report before the Ally Financial subsidiary's settlement agreement is approved. Also in this week's episode: Looks at the Lehman bankruptcy and a definition of "advance sheets" for those too young to have ever used them.

(Source: Bloomberg) See less -

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Topics:  Ally Financial Inc, Appeals, Berkshire Hathaway, Covenant of Good Faith and Fair Dealing, Dischargeable Debts, Lehman Brothers, Lenders, ResCap, Sealed Records, Settlement, Student Loans, Unsecured Creditors

Published In: Bankruptcy Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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