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Article: Wilmington Trust, as Successor Trustee, Appointed to Unsecured Creditors' Committee in Capmark Financial Group Bankruptcy Case.
- Article from:
- Business Wire
- Article date:
- November 3, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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No credit exposure involved in administrative role
WILMINGTON, Del. -- Wilmington Trust, a leading provider of institutional trustee, agency, and administrative services through its Corporate Client Services (CCS) business, said today that it has been appointed by the United States Trustee to serve as a member of the unsecured creditors' committee in the bankruptcy of Capmark Financial Group Inc., which filed for Chapter 11 protection on October 25, 2009 in the United States Bankruptcy Court for the District of Delaware.
Previously Wilmington Trust was named as successor trustee for holders of approximately $500 million of 6.30% senior notes due 2017. ...