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FDIC has to face $10 billion WaMu-related lawsuit
National Legal News from Reuters (Approx. 5 pages)
FDIC has to face $10 billion WaMu-related lawsuit
National Legal News from Reuters (Approx. 5 pages)
8/23/11 Nat'l Legal News from Reuters 22:17:34
National Legal News from Reuters
Copyright © 2011 Thomson Reuters
August 23, 2011
FDIC has to face $10 billion WaMu-related lawsuit
Tom Hals
WILMINGTON, Del., Aug 23 (Reuters) - A federal judge ruled that the Federal Deposit Insurance Corp has to face a $10 billion lawsuit tied to the failure of Washington Mutual Bank.
The judge refused the FDIC's request to dismiss the lawsuit brought by...
---- Index References ----
Company: WASHINGTON MUTUAL BANK; DEUTSCHE BANK NATIONAL TRUST CO; SULLIVAN AND CROMWELL LLP; DEUTSCHE BANK AG; WMI HOLDINGS CORP; JPMORGAN CHASE AND CO; FEDERAL DEPOSIT INSURANCE CORP
News Subject: (Major Corporations (1MA93); Securitization (1SE75); Funding Instruments (1FU41))
Industry: (Loans (1LO12); Consumer Finance (1CO55); Banking (1BA20); Retail Banking Services (1RE38); Financial Services (1FI37); Securities Investment (1SE57); Investment Management (1IN34); Mortgage Banking (1MO85))
Region: (Western Europe (1WE41); Eurozone Countries (1EU86); Germany (1GE16); Europe (1EU83); Central Europe (1CE50))
Language: EN
Other Indexing: (Jeffrey Wexler; Anne Devens; Robin Henry; A. Wiliam Stein; Michael Bierman; Penny Shane; Tanya Chutkan; Scott Christensen; Robert Sacks; Jason Cohen; Jason Reed; Henry Quillen; Motty Shulman; Stacey Friedman; Brent McIntosh; Rosemary Collyer)
Keywords: Federal Deposit Insurance Corp; Washington Mutual Bank; FDIC; Deutsche Bank National Trust Co; WaMu; Office of Thrift Supervision; JPMorgan Chase & Co; Rosemary Collyer (MCC:f); (N2:US); (N2:FIN); (N2:RO); (R:JPM.N); (R:DBKGn.DE); (subj:04000000)
Word Count: 355
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