"I thank all the parties for not giving up." As with its earlier proposals, Washington Mutual's plan is based on WMI, JPMorgan Chase and the Federal Deposit Insurance Corp. settling lawsuits they filed against one another after the collapse of...

Feb. 17 (Bloomberg) -- Washington Mutual Inc. won court approval for its $7 billion reorganization plan that resolves some legal claims related to the biggest U.S. bank to fail. “I think it should be confirmed immediately so stakeholders can get a...

(Pink Sheets: WAMUQ.PK) ("WMI" or the "Company") and the Official Committee of Equity Security Holders of Washington Mutual, Inc.

Judge Mary Walrath of the U.S. Bankruptcy Court in Delaware had twice rejected reorganization plans filed by Washington Mutual Inc. She OK’d the latest plan Friday after WaMu sweetened its offer to dissident creditors who had invested in the company’s...

Although the seller had listed the property for sale at approximately $950,000, Cordell and the seller agreed to inflate the sales price by $307,000, prosecutors said. Cordell then secured an inflated mortgage from Washington Mutual and the additional...

Washington Mutual's reorganization plan includes repay $7 billion to creditors, many of which include investors who specialize in buying securities of bankrupt companies. It also looks like the third time is the charm - the company has attempted to exit...