Corporate malefactors angle to “clean up” mentions of their names in court records. The powerful and the fearful each have their reasons… From AP:
Residential Funding wants Heffernan’s claims about who stiffed employees and which name names, stricken from the court record.
The GMAC unit, Residential Funding Co., is the largest secured creditor in Mortgage Lenders’ Chapter 11 case.
In court documents in March, Residential Funding said it wants to erase “scandalous” statements Heffernan made while fighting criminal prosecution in Connecticut for failing to pay employees up to $2.5 million in wages owed when Mortgage Lenders Network went bankrupt Feb. 5.