|
But in return for agreeing to the settlement that paved the way for Washington Mutual's new plan, the hedge funds demanded that portions of the earlier ruling suggesting that they may have engaged in wrongdoing, and that their bankruptcy claims should be disallowed, be removed. One group of creditors objected to Washington Mutual's motion. Their lawyer said that in insisting that language in Walrath's previous order be erased, the hedge funds were trying to "wash away" an unfavorable outcome.
[Associated
Press;
Copyright 2012 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor