Judge Nixes Ore.'s $29M Tax Claim Against WaMu

Law360, Wilmington (December 19, 2012, 6:06 PM ET) -- A Delaware bankruptcy judge on Wednesday scrapped the state of Oregon's $29.3 million tax claim against the remnants of Washington Mutual Inc., ruling on constitutional grounds that the holding company can't be on the hook for taxes incurred by its former banking subsidiaries.

In a 24-page opinion, U.S. Bankruptcy Judge Mary F. Walrath upheld the WMI liquidating trust’s objection to the claim, finding that it ran afoul of both the due process and commerce clauses of the U.S. Constitution

In 2010, the Oregon Department of Revenue...
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