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Judge denies request for Wamu confidentiality
The judge agreed with McMahon, adding that the court could not approve the sales without knowing the purchase price. In a separate order, Walrath denied a motion by attorneys for WaMu shareholders to be allowed to proceed with derivative lawsuits in federal court in the state of Washington.
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- News Source: Houston Chronicle | 11 months agoWashington Mutual, the bankrupt former parent of the biggest U.S. bank to fail, must reveal the prices it gets for stakes in a group of venture capital funds, a court ruled...Bankruptcy Judge Mary Walrath in Wilmington, Del., rejected on Tuesday WaMuâ...
- News Source: Contra Costa Times | 11 months agoThe judge agreed with McMahon, adding that the court could not approve the sales without knowing the purchase price. In a separate order, Walrath denied a motion by attorneys for WaMu shareholders to be allowed to proceed with derivative lawsuits in...
- News Source: Merced Sun-Star | 11 months agoA federal bankruptcy judge has denied a request by Washington Mutual to keep details of certain asset sales secret. WaMu, which filed for Chapter 11 reorganization in September, wants to sell certain equity holdings and interests in venture capital...
- News Source: Uinta County News | 11 months agoThe thousands of claims filed against bankrupt Washington Mutual by shareholders, business and citizens across the country total more than $7.8 billion, according to recent documents filed in WaMu’s Chapter 11 bankruptcy. The company has listed...
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