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GMAC LLC
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As part of the firm's broader representation of an affiliate of Cerberus Capital Management LP in its acquisition, as part of a consortium of unregulated private equity investors and regulated banking institutions, of a majority interest in GMAC LLC, a diversified financial services conglomerate, our Bank Regulatory Group handled the myriad regulatory issues raised by the purchase of a company with licensed lending and insurance operations/subsidiaries in all U.S. states as well as numerous foreign jurisdictions, including Brazil, France, Germany, Hungary, Poland, Portugal, Spain and Sweden.
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