NJ Judge Tapped For WaMu Ch. 11 Mediation

Law360, New York (October 11, 2011, 4:05 PM EDT) -- A Delaware judge on Tuesday appointed U.S. Bankruptcy Judge Raymond Lyons as a mediator in Washington Mutual Inc.’s bankruptcy proceedings as hedge fund creditors and an equity committee attempt to sort out barriers to confirmation of the bank holding company’s Chapter 11 plan.

The appointment of the New Jersey judge comes as a blow to Aurelius Capital Management LP, which submitted proposals Monday asking U.S. Bankruptcy Judge Mary F. Walrath to appoint former U.S. Attorney General Michael Mukasey as mediator, arguing that the position should be...
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