InvestorsHub Logo

up and up

04/02/10 11:46 AM

#184255 RE: David West #184254

they were stayed in d.c. jurisdiction was
given to Delaware bk court.

DudeBug

04/02/10 6:36 PM

#184434 RE: David West #184254

They were filed in D.C., but Judge Collyer stayed those proceedings on 1/27/10 to see if they could all be resolved in the BK Court ....

http://www.ghostofwamu.com/documents/09-00533/09-00533-0097.pdf

Excerpt:
Conclusion: Although the Court has concurrent or even exclusive jurisdiction over many of WMI’s claims, this Court will stay this case pending the outcome of the bankruptcy proceeding. The Bankruptcy Court’s decision as to what constitutes the property of the estate may impact the Court’s decision about whether to dismiss certain of WMI’s claims as well as Defendant FDIC’s and Intervenor-Defendant J.P. Morgan Chase’s counterclaims.