WaMu Noteholders Still Want In On $10B Deutsche Bank Suit

Law360, New York (May 25, 2012, 6:43 PM EDT) -- A group of more than two dozen Washington Mutual Bank NA noteholders on Friday asked the D.C. Circuit to review a decision rebuffing them from intervening in a Deutsche Bank AG unit's $10 billion suit over allegedly shoddy mortgages WaMu issued before regulators seized it.

In their notice of appeal, the potential intervenors said they intended to request expedited action in order to protect their “substantial interests” in the property at issue in the case.

The WaMu noteholders and investment advisers were shut out by U.S....
To view the full article, register now.