Posted by Reuters: Business News on December 13, 2011
(Reuters) – Washington Mutual Inc, the biggest bank to fail in U.S. history, said it reached a settlement in a dispute between shareholders and certain creditors that had prevented the bank from emerging from Chapter 11 bankruptcy proceedings.
Posted by Reuters: Business News on February 8, 2011
WILMINGTON, Delaware (Reuters) – Washington Mutual Inc scrapped a rights offering after hedge funds pulled out of a settlement at the heart of the company’s latest plan to exit bankruptcy, according…
Posted by Reuters: Business News on December 2, 2010
WILMINGTON, Delaware (Reuters) – Washington Mutual Inc defended on Thursday its plan to repay creditors, while an attorney for disgruntled shareholders attacked the proposal because it leaves them…
Posted by Reuters: Business News on October 18, 2010
WILMINGTON, Delaware (Reuters) – Washington Mutual Inc was cleared on Monday to begin court hearings to approve its disclosure statement, which will allow the bank holding company to seek a creditor…
Posted by Reuters: Business News on September 28, 2010
NEW YORK (Reuters) – JPMorgan Chase and Co has told federal regulators it may seek to recoup the money it used to buy the banking assets of Washington Mutual Inc , the Wall Street Journal reported on Monday, citing people familiar with the situation.
Posted by Reuters: Business News on July 27, 2010
NEW YORK (Reuters) – Joshua Hochberg, a former top official in a U.S. Department of Justice criminal fraud unit, has been appointed to examine the bankruptcy of Washington Mutual Inc , the largest U.S. banking failure.
Posted by Reuters: Business News on May 26, 2010
WILMINGTON, Delaware (Reuters) – Shareholders of bankrupt Washington Mutual Inc asked a federal judge for permission to investigate JPMorgan Chase & Co for its role in the failure of Washington Mutual Bank, according to court documents filed on Tuesday.
Posted by Reuters: Business News on May 23, 2010
WASHINGTON (Reuters) – Washington Mutual Inc and the Federal Deposit Insurance Corp have reached a global settlement that will return $7 billion to the bank’s creditors, a critical step in the bankruptcy involving the biggest bank failure in U.S. history.
Posted by Reuters: Business News on May 17, 2010
WILMINGTON, Delaware (Reuters) – Washington Mutual Inc proposed an amended plan of reorganization on Monday that would return $7 billion to creditors, but it was unclear if the Federal Deposit Insurance Corp would support the plan.
Posted by Reuters: Business News on March 30, 2010
WILMINGTON, Delaware (Reuters) – Washington Mutual Inc , the biggest bank failure in history, may have a second life after bankruptcy.
