2nd Circ. Nixes Suit Against JPMorgan Over WaMu Lease

Law360, New York (February 5, 2014, 5:00 PM EST) -- The Second Circuit on Tuesday overturned a ruling that required JPMorgan Chase Bank NA to assume a lease for a New York space previously entered by Washington Mutual Inc., saying the owner of the property did not have authority to pursue a claim against the bank.

A New York federal district court had ruled in May 2012 that the terms of JPMorgan's 2008 purchase of WaMu, brokered by the Federal Deposit Insurance Corp., required it to fulfill the terms of WaMu's 10-year lease for the commercial...
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Case Information

Case Title

Hillside Metro Associates, LLC v. JP Morgan Chase Bank, National

Case Number



Appellate - 2nd Circuit

Nature of Suit


Date Filed

August 22, 2012

Law Firms


Government Agencies

UK Financial Services

UK Financial Services

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