Early Report From WaMu Examiner Delays Ch. 11

Law360, New York (September 7, 2010, 7:00 PM EDT) -- An examiner in Washington Mutual Inc.’s bankruptcy submitted his preliminary report Tuesday on a settlement crucial to the bank’s reorganization and won extra time to establish procedures for handling confidential information in his final report, delaying the bank’s timeline for reorganization yet again.

Judge Mary Walrath of the U.S. Bankruptcy Court for the District of Delaware granted the extension requested in examiner Joshua Hochberg’s preliminary report on the settlement among WaMu, JPMorgan Chase & Co. and the Federal Deposit Insurance Corp. that released billions of dollars...
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