This page was last edited on Monday 02/01/10 11:30pm
Not affiliated with WaMu, or JPMorgan Chase, not an organization, just a burned shareholder seeking compensation.
This page is main stream media news concerning primarily WMI's suit against the FDIC, and the WMI Chapter 11 bankruptcy. There are many smaller lawsuits involving WMI or the WMB, and word of them usually does not make it into the main stream news. These smaller suits when they make the news will be lumped into a catch all "other" catagory. Only the main issues which make the main stream news are included. One or two news articles which cover each issue or event is all that is included, so as not to be repetitive. This page is intended as a catch-up or refresher page, and to serve as a timeline of what has happened in each case.
A group of Insurance Companies that held WaMu bonds filed suit in Texas against the FDIC for the WaMu Bank seizure. The case was then moved to the same US District Court as WMI's suit against the FDIC. Their suit is the American National Insurance Co., et al. v FDIC. It is sometimes referred to as the Texas Suit or Texas Action, even though it is now being heard in Washington DC. There are some details at American National Insurance Company et al vs. FDIC.
The Dora Bank of Puerto Rico has filed a similiar suit as the preseizure longs and for similar reasons against two WMI subsidiaries Washington Mutual Acceptance Corporation and WaMu Capital Corporation. Class-action lawsuit targets WaMu securities 11/03/09 The Puget Sound Business Journal
The IRS still has one open suit against WMI
The below is from Finmire.com, Google cache 01/02/2010.
Washington Mutual Inc.
Directly Associated Proceedings:
U.S. Bankruptcy Court - District of Delaware
•1:08-bk-12229 - Bankruptcy Proceedings (Washington Mutual, Inc.)
•1:09-ap-50551 - Adversary Proceeding (JPMorgan Chase Bank N.A. et al. v. Washington Mutual, Inc. et al.)
•1:09-ap-50934 - Adversary Proceeding [Turnover Proceedings] (Washington Mutual, Inc. et al. v. JPMorgan Chase Bank, N.A. et al)
U.S. District Court - District of Delaware
•1:09-cv-00615 - Appellant JPMorgan Chase Bank N.A. (Appeal 1:09-ap-50551)
•1:09-cv-00616 - FDIC as Receiver (Appeal 1:09-ap-50551)
•1:09-cv-00617 - FDIC as Receiver (Appeal 1:09-ap-50934)
•1:09-cv-00618 - Appellant JPMorgan Chase Bank N.A. (Appeal 1:09-ap-50934)
U.S. District Court - District of Columbia
•1:09-cv-00533 - Washington Mutual Inc. et al. v. FDIC
•1:09-cv-01656 - Deutsche Bank National Trust Company v. FDIC
•1:09-cv-01743 - American National Insurance Company et al. v. FDIC [Referred to as the "Texas Action"]
U.S. District Court - Southern District of Texas
•3:09-cv-00044 - American National Insurance Company et al. v. FDIC (Note: Transferred to DC as 1:09-cv-01743) [Referred to as the "Texas Action"]
Indirectly Associated Proceedings:
U.S. District Court - Southern District of New York (Foley Square)
•1:08-cv-00044 - Bloomberg L.P. v. Board of Governors of the Federal Reserve System
U.S. Court of Appeals for the Second Circuit
•09-4083-cv - Bloomberg L.P. v. Board of Governors of the Federal Reserve Systems
