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03/12/2010 08:32:50 PM EST

WaMu reaches settlement with JPMorgan, FDIC

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LexisNexis Bankruptcy Law Community Staff

WILMINGTON, Del.- (AP) Washington Mutual Inc. has tentatively resolved disputes with JPMorgan Chase & Co. and the Federal Deposit Insurance Corp. over some $4 billion at issue in the bank holding company's Chapter 11 bankruptcy, a WaMu attorney said Friday.

The FDIC seized Washington Mutual's flagship bank in 2008 and sold its assets…

 

 

 

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