Residential Capital LLC's unsecured creditors may oppose plans by the bankrupt mortgage company to quickly sell most of its assets to Fortress Investment Group LLC (FIG), a lawyer for the creditors said in court, Bloomberg News reported yesterday. The company's unsecured creditors' committee will decide in the coming weeks whether it will oppose ResCap's request for a fast sale of $4 billion of assets, attorney Kenneth H. Eckstein said in court yesterday. The company is pushing to sell assets to Fortress and ResCap's parent, Ally Financial Inc., within 90 days, Eckstein said. ResCap is scheduled to seek approval of those sales from Bankruptcy Judge Martin Glenn next month.
