Thursday, June 25, 2009 5:25:54 AM
Very positive day in court yesterday ... to summarise
1. Judge Mary Walrath denies requests by the Federal Deposit Insurance Corp. and JPMorgan to stay two adversary proceedings in Washington Mutual's Chapter 11 case, or to transfer the dispute to a federal district court in Washington, D.C., where Washington Mutual has sued the FDI. She goes on to state that "I do have exclusive jurisdiction to decide what is property of the estate".
2. Judge Mary Walrath also denies JPMorgan's motion to dismiss a complaint in which Washington Mutual seeks to force JPMorgan to turn over more than $4 billion in deposits.
3. Judge Mary Walrath also denieds JPMorgan's motion to dismiss a complaint in which Washington Mutual seeks to force JPMorgan to turn over more than $4 billion in deposits.
4. Judge Mary Walrath grants a request by Washington Mutual for authorization to examine records of JPMorgan to investigate potential claims based on alleged misconduct by JPMorgan that led to a federal lawsuit in Texas.
American justice shall prevail!
GO WAMU >>>>>>>>>>>>>>>>>>>>>>>>>>>>..
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