WaMu Bondholders Take JPMorgan Suit TO DC Circ.

Law360, New York (December 23, 2010, 5:15 PM EST) -- American National Insurance Co. has told a federal appeals court that a lower court improperly barred it from pursuing claims that JPMorgan Chase & Co. obtained an unlawful profit of at least $1.9 billion through a scheme to strip away the contract rights of bondholders in failed Washington Mutual Bank NA.

American and eight affiliates filed their opening brief in the U.S. Court of Appeals for the District of Columbia Circuit on Wednesday, saying the district court erred in ruling that their claims against JPMorgan were...
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