Jan 12

Blog Post: DC Circ. Says Trustee Can Pursue $12M WaMu Clawback Suit
by Anonymous
The Chapter 7 trustee of a defunct $65 million Ponzi scheme vehicle will get another shot at clawing back $12 million sent to Washington Mutual prior to its 2008 collapse, after the D.C. Circuit found on Friday that a district court jumped the gun by dismissing the suit on procedural grounds.
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Click to see full article