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Tag Archives: wamu

Judge approves WaMu bankruptcy plan

WILMINGTON, Del. — After a long and contentious legal battle and more than three years in bankruptcy, Washington Mutual Inc. on Friday finally won court approval of a reorganization plan. “It took three and a half years, but I think ...

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Washington Mutual settles with dissident creditor group

WILMINGTON, Del. — Washington Mutual Inc. has reached an agreement with dissident creditors that could pave the way for approval of its latest bankruptcy reorganization plan. A hearing in WaMu’s bankruptcy was delayed several hours Thursday as attorneys hammered out ...

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Judge orders broad mediation in WaMu bankruptcy

WILMINGTON, Del. — A Delaware bankruptcy judge on Thursday refused to allow bank holding company Washington Mutual Inc. to proceed with its reorganization efforts without first engaging in mediation with various creditor groups. In rejecting a proposed reorganization plan from ...

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Aurelius withdraws support of Washington Mutual bankruptcy plan

DOVER, Del. — Washington Mutual Inc.’s bankruptcy reorganization plan is now being challenged by a hedge fund that supported it. The plan is based on the settlement of lawsuits that pitted Washington Mutual, the Federal Deposit Insurance Corp. and JPMorgan ...

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WaMu reaches tentative deal with shareholders

WILMINGTON, Del. — Washington Mutual Inc. has reached a tentative agreement with shareholders that could resolve their long-standing objections to the bank holding company’s proposed reorganization plan. An attorney for WMI told a federal bankruptcy judge in Delaware on Tuesday ...

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