A federal bankruptcy judge on Tuesday denied a request by Washington Mutual Inc. to keep details of certain asset sales secret.WaMu, which filed for Chapter 11 reorganization in September, wants to sell certain equity holdings and interests in venture capital funds to generate value for the company and its creditors.
Posts Tagged ‘Wamu’
Judge Requires WaMu to Disclose Details of Certain Asset Sales
December 30th, 2008 
Before You Invest 
Posted in Finance Fraud 
Tags: Asset Purchase, Asset Sales, Assets, Bondholders, Chapter 11 Reorganization, Confidentiality Agreements, Core Operations, Creditors, Disclosure, Equity Holdings, Federal Bankruptcy Judge, Interested Parties, Pricing Details, Trustee, Unfair Advantage, Venture Capital Funds, Walrath, Wamu, Washington Mutual, Washington Mutual Inc 
Comments OffFINRA Details Special Procedure for Auction Rate Consequential Damage Cases
December 19th, 2008 Before You Invest The Financial Industry Regulatory Authority (FINRA) today announced details of a special arbitration procedure for investors seeking recovery of consequential hurts related to their investments in Auction Rate Securities (ARS). Customers entitled to file for consequential hurts under ARS-related settlements that firms have concluded with FINRA or the Securities and Exchange Commission (SEC) may use this special procedure.
Posted in Finance Fraud Tags: Arbitration Procedure, Arbitration Rules, Auction Rate, Citigroup, Citigroup Global Markets, Consequential Damage, Consequential Damages, Dispute Resolution Forum, Fienberg, Financial Harm, Financial Industry Regulatory Authority, Finra, Illiquidity, Opportunity Costs, Option Investors, Securities And Exchange Commission, Sole Option, Ubs Financial Services, Ubs Securities, Wamu Comments Off
