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26 May 4:44 am by Michael J. Hassen
... Action Allegations were "Verbose" but "Disordered" and Required "More Definite Statement" Washington Federal Court Holds Three class action complaints were filed against ... directors, underwriters and investment banks, and accounting firms. In re Washington Mutual, Inc. Securities, Derivative & ERISA Litig., ___ F.Supp.2d ... can adequately represent the proposed class." Id., at 19 (citation omitted). Download PDF file of In re Washington Mutual, Inc. Securities, Derivative & ERISA Litigation
Class Action Defense Blog - http://classactiondefense.jmbm.com/
9 May, 2008 6:29 am by Michael J. Hassen
... WaMu's financial condition with respect to its subprime home loan portfolio." In re Washington Mutual, Inc., Securities, Derivative & "ERISA" Litig., ___ F.Supp.2d ___ (Jud.Pan.Mult.Lit. February 21, 2008) [Slip Opn., at 1]. Defense attorneys for common defendant Washington Mutual ... the motion to centralize the class action lawsuits and agreed with the defense that the Western District of Washington was the appropriate transferee court because most of the actions were pending there and ...
Class Action Defense Blog - http://classactiondefense.jmbm.com/
8 Aug, 2008 12:05 pm by Michael J. Hassen
... in Bankruptcy California Federal Court Holds Plaintiffs filed a class action against Washington Mutual and other defendants alleging inter alia violations of the federal Fair Debt ... that defendants improperly froze plaintiffs' checking account funds. Yack v. Washington Mutual Inc., 389 B.R. 91, 93 (N.D. Cal. 2008). ... judgment against them and then levied on their Washington Mutual bank account. Id., at 93-94. Washington Mutual complied with the levy, forwarding funds from plaintiffs' account to ...
Class Action Defense Blog - http://classactiondefense.jmbm.com/
13 Jun, 2008 1:07 pm by Michael J. Hassen
... "misrepresentations or omissions concerning WaMu's financial condition with respect to its subprime home loan portfolio." In re Washington Mutual, Inc., Securities, Derivative & "ERISA" Litig., 536 F.Supp.2d 1377, 1377-78 (Jud. ... promote the just and efficient conduct of this litigation." Id., at 1378. The Judicial Panel also agreed that the Western District of Washington was the appropriate transferee court "because (1) most of the actions are already pending in that district, and (2) WaMu is ...
Class Action Defense Blog - http://classactiondefense.jmbm.com/
27 Sep, 2008 12:07 pm
After its bank assets were seized by the FDIC and sold to J.P. Morgan Chase two days ago, Washington Mutual, Inc., the holding company, filed a Chapter 11 petition in Bankruptcy Court in Delaware. Sept. 27 (Bloomberg) -- Washington Mutual Inc., a holding company for the savings and loan that became the biggest U.S. bank to fail, filed for bankruptcy protection along with its unit WMI Investment Corp. WaMu, the 119-year-old Seattle-based thrift ...
Tags: Comments, News
Georgia Bankruptcy Law Blog - http://www.georgiabankruptcyblog.com/
9 Nov, 2007 4:57 am
Washington Mutual, Inc. (NYSE:WM), in response to the press releases issued recently by the New York Attorney General's Office regarding its probe of industry-wide mortgage appraisal practices, the company issued the following comments: The integrity of WaMu's appraisal process is very important and the company works hard to ensure that it operates properly. The company takes any allegations of improper practices seriously, and is continuing its investigation into this … Read More...
Mortgage Fraud Blog - http://www.mortgagefraudblog.com/index.php/weblog/index/
24 Jul 11:35 am by Brett Alcala
Broker-dealers affiliated with Wells Fargo and Washington Mutual, two large banks with close ties to the San Francisco Bay Area, have entered into a settlement ... Securities, PNC Investments and McDonald Investments (now KeyBanc Capital Markets, Inc.). Collectively, the five firms will pay fines to FINRA totalling $1.65 million. ... did not conduct necessary suitability reviews or investigate questionable variable annuity, mutual fund and UIT sales to its customers, many of whom were elderly. The $1. ...
California Securities Fraud Lawyer Blog - http://www.californiasecuritiesfraudlawyerblog.com/
7 Feb, 2008 6:00 am by Kimberly A. Kralowec
In Williams v. Washington Mutual Bank, 2008 WL 115097 (E.D. Cal. Jan. 11, 2008), the court (Judge William B. Schubb) had this to say about the Cel-Tech "safe ... may not use the general unfair competition law to assault that harbor." Cal-Tech [sic] Commc'ns, Inc. v. L.A. Cellular Tel. Co., 20 Cal.4th 163, 182-83 (1999); Schnall v ... plaintiff's ability to challenge the practice under the UCL. C[e]l-Tech Commc'ns, Inc., 20 Cal.4th at 182-83. Accordingly, the court must dismiss plaintiff's third cause of ...
The UCL Practitioner - http://www.uclpractitioner.com/
22 Dec, 2008 2:03 pm by Rachel Lynn Foley
If a bank account has a negative balance resulting from paying overdrafts and overdraft fees, the bank cannot apply a future direct deposit of Social Security or V.A. benefits to make up the deficit balance owed to the bank. The court analyzed Sections 407(a) and 1383(d)(1) of 42 U.S.C., which prohibit creditors from reaching Social Security or SSI benefits by levies, garnishments, or "other legal process," and decided that these sections do not allow a bank to apply a future direct deposit of ...
Bankruptcy Case Law - http://bankruptcycaselaw.blogspot.com/
... going to offer any detailed analysis of this new opinion, Johnson v. Glaxosmithkline, Inc. (September 19, 2008) is news that merits coverage, despite the fact that I contributed in a small ... but more detailed in its analysis, than Bufil v. Dollar Financial Group, Inc. (2008) 162 Cal.App.4th 1193. Specifically, the Court held that, because ... class action, "a means to enforce substantive law" by collectively litigating substantive claims (Washington Mutual Bank v. Superior Court (2001) 24 Cal.4th 906 ...
the complex litigator - http://www.thecomplexlitigator.com/
... going to offer any detailed analysis of this new opinion, Johnson v. Glaxosmithkline, Inc. (September 19, 2008) is news that merits coverage, despite the fact that I contributed in a small ... but more detailed in its analysis, than Bufil v. Dollar Financial Group, Inc. (2008) 162 Cal.App.4th 1193. Specifically, the Court held that, because ... class action, "a means to enforce substantive law" by collectively litigating substantive claims (Washington Mutual Bank v. Superior Court (2001) 24 Cal.4th 906 ...
the complex litigator - http://www.thecomplexlitigator.com/
10 Jul, 2006 1:51 pm by Lebowitz & Mzhen
... PO Box 30773Tampa, Florida 33630 800-637-5410 Interstate Auto Insurance Co., Inc. Claims 800-500-5730 Kemper Insurance Personal Claims 2810 Coliseum Center Drive ... Maryland 21401 800-492-7114 Maryland Transportation Authortiy (MTA) Auto Claims 1515 Washington Boulevard Suite 2600 Baltimore, Maryland 21230 410-454-7310 MetLife Auto ... Benefit Insurance Company Hagerstown Office PO Box 3770 Hagerstown, Maryland 21742 Mutual Benefit Insurance Company Pennsylvania PO Box 577409 Penn Street Huntingdon, PA ...
Maryland Accident Law Blog - http://www.marylandaccidentlawblog.com/
23 Sep 7:00 am by Cheryl Angeletti-Harris
... 1.72 million. EEOC v. Lowe's Home Improvement Warehouse Inc., W.D. Wash., No. 08-331 (consent decree approved Aug ... must relate to the 'terms and conditions of employment,' 'collective bargaining' or for 'other mutual aid or protection,'" the Washington Supreme Court ruled. It includes things such as better wages ... dissenters' opinion, "concerted activity means 'action in concert' or simply acting together" for "mutual aid and protection," which "includes listing grievances or complaints" and "walking ...
Washington Employment Law Blawg - http://washingtonemploymentlawblawg.com
5 Sep, 2008 9:44 pm
... doing business in Washington, and add our review to his: In Mutual of Enumclaw V. USF Ins. Co., Supreme Court of Washington (Sept. 4, 2008), the insured, Dally Homes, Inc. was sued for construction defects in a condominium development. Dally ... defend its interests." The Court also provides a nonexhaustive list of factors to be considered. It also found that, contrary to a prior Washington Court of Appeals decision, a lost opportunity to conduct a meaningful investigation alone will not be enough.
National Insurance Law Forum - http://www.insurancelawforum.com/
30 May, 2006 4:20 pm
Mutual of Enumclaw Ins. Co. v. Dan Paulson Constr., Inc. (Div. 1, May 8, 2006) The Martinellis filed an arbitration claim against Dan Paulson Construction for alleged construction defects. Paulson's insurer, Mutual of Enumclaw (MOE), agreed to defend ... was based on covered claims. On MOE's discovery requests to the arbitrator, the court held: "This tactic, while somewhat clumsy, did not amount to bad faith." This opinion was reversed by the Washington Supreme Court.
Washington State Insurance Law Blog - http://www.washingtoninsurancelaw.com/
1 Apr, 2008 11:29 am
... insurance law issues are pending in the Washington Supreme Court: 1. St. Paul Fire & Marine Insurance Co. v. Onvia, Inc. The issue is whether an insured ... Circuit. Oral arguments in this case were heard on February 28, 2008. 2. Mutual of Enumclaw Insurance Co. v. U.S.F. Insurance Co. The issue ... rule to maintain an action for contribution against the nonsettling insurer. The court is reviewing a decision by the Washington State Court of Appeals, Division One. Oral arguments in this case were heard ...
Washington State Insurance Law Blog - http://www.washingtoninsurancelaw.com/
15 Nov, 2008 2:02 am
In Mutual of Enumclaw Ins. Co. v. T&G Construction, Inc., 2008 Wash. LEXIS 1041 (Oct. 23, 2008), the Supreme Court of Washington was "asked to balance the interests of an insured defendant in ... settlement with a claimant against the insurer's interest in fully litigating its insured's legal obligation to that claimant." Although Mutual of Enumclaw ("MOE") had "vigorously defended its insured," a siding contractor, in the underlying construction defect case, "MOE declined to participate in the ...
National Insurance Law Forum - http://www.insurancelawforum.com/
8 Jan 5:56 am
In Mutual of Enumclaw Ins. Co., et al. v. USF Ins. Co., ___ P.3d___, 2008 WL 4070270 (Sept. 4, 2008), the Washington Supreme Court held that (1) the "selective tender" rule applied to bar an insurer's equitable contribution claim ... Insurance Company ("MOE"), and Commercial Underwriters Insurance Company ("CUIC") all insured Dally Homes, Inc. ("Dally"), a homebuilder and developer, for a condominium development called Windsong Arbor. The Windsong Arbor Homeowners Association sued ...
DRI - http://forthedefense.org/
8 Jan 5:56 am
In Mutual of Enumclaw Ins. Co., et al. v. USF Ins. Co., ___ P.3d___, 2008 WL 4070270 (Sept. 4, 2008), the Washington Supreme Court held that (1) the "selective tender" rule applied to bar an insurer's equitable contribution claim ... Insurance Company ("MOE"), and Commercial Underwriters Insurance Company ("CUIC") all insured Dally Homes, Inc. ("Dally"), a homebuilder and developer, for a condominium development called Windsong Arbor. The Windsong Arbor Homeowners Association sued ...
DRI - http://forthedefense.org/
4 May, 2007 11:58 am
... Noncommercial Educational FM Application Groups. The Commission resolved several long pending mutually exclusive applications for new or modified noncommercial educational (NCE) FM broadcast service ... Inc. and América Móvil, S.A. de C.V. (América Móvil). 8. FCC Adopts Annual Report on State of Competition in Satellite ... details the conditions of merger approval. 2. FCC Approves Transfer of Univision Communications Inc., and Enters Into $24 Million Consent Decree With Univision Concerning Children ...
FCC Law Blog - http://www.fcclawblog.com/
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