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A Delaware bankruptcy judge has refused to cede control over a dispute between Washington Mutual Inc. and JPMorgan Chase & Co...Washington Mutual last year, then immediately sold them to JPMorgan for $1.9 billion.
Tags: Judge Mary Walrath, Washington Mutual Inc., Delaware, bankruptcy judge, Tribune Co., Tribune Media Services
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...