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Bankruptcy
: Texas Lawyer BlogTracking the Money
By mcbride
In a ?in for a penny in for a pound? move, the large mortgage lender GMAC will receive another chunk of the taxpayer?s money. This time, GMAC announced that it will receive an additional 3.5 billion dollars from the federal government. This is in addition to the 12.5 billion the government has already given that company. Here is a link to a brief article on the latest give away: http://www.reuters.com/article/idUSTRE5BT06O20091230 . That will make some highly paid exec?s happy this new year!
Michael
Full post as published by Texas Lawyer Blog on December 30, 2009 (boomark / email).
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alleging that the six law firms handling the Vioxx settlement failed to provide money for reimbursements to lien rights of Employee Retirement Income Security Act (ERISA) health plans.
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