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 April 17, 2010
WASHINGTON (Reuters) – The Office of Thrift Supervision, the regulator of Washington Mutual before it became the biggest banking bust in U.S. history, came under fire on Friday by lawmakers probing the roots of the financial crisis.
