August 18, 2011
Hedge funds and other unsecured creditors of Washington Mutual Inc. objected Thursday to the hiring of a legal expert to represent restive shareholders of the bankrupt financial giant, amid a larger fight over whether shareholders will be able to sue them.
August 12, 2011
Investors in Washington Mutual Inc. securities known as litigation tracking warrants lost their bid Friday to form an official committee to represent them in a quest to recover up to $337 million from the holding company in its Delaware bankruptcy case.
August 04, 2011
The Federal Deposit Insurance Corp., the receiver for Washington Mutual Bank NA, on Wednesday declared its support for Washington Mutual Inc.'s Chapter 11 plan in Delaware bankruptcy court.
August 03, 2011
Washington Mutual Inc. asked a Delaware bankruptcy judge on Tuesday for permission to ink a pair of settlements resolving securities class actions brought by Flaherty & Crumrine Preferred Income Fund Inc., Monterey County Investment Pool and San Buenaventura, Calif.
July 29, 2011
Unsecured creditors of Washington Mutual Inc. argued Thursday in Delaware bankruptcy court that a group of investors with interests in pending WaMu litigation shouldn't be granted official committee status in order for the bank to fund their adversary proceeding against its estates.
July 21, 2011
With the evidentiary record now closed in WaMu's plan confirmation hearing, the parties will file written submissions by Aug. 3 to guide U.S. Bankruptcy Judge Mary F. Walrath's decision, with closing arguments to come later in that month.
July 12, 2011
A group of Washington Mutual Inc. creditors fired back Monday at mounting attempts to derail the company's multibillion-dollar settlement with financial regulators and JPMorgan Chase & Co., which was cleared by a Delaware bankruptcy court in January.
July 08, 2011
A group of Washington Mutual Inc. securities holders said Thursday that recent higher court rulings barred the Delaware bankruptcy court from approving a multibillion settlement with JPMorgan Chase & Co. and regulators that underpins WaMu's Chapter 11 plan.
July 06, 2011
Investors in Dime Bancorp Inc. asked a Delaware bankruptcy judge Wednesday to appoint an official committee to represent their interests as they seek to recover $337 million in Washington Mutual Inc.'s Chapter 11 proceedings.
June 29, 2011
A Delaware bankruptcy judge on Wednesday denied Washington Mutual Inc. shareholders access to more information in their insider trading probe of four hedge funds related to a settlement at the center of the financial giant's reorganization plan.