Today’s top bankruptcy news on Westlaw News & Insight

November 2, 2010

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Here are today’s top stories from the Bankruptcy site.

WaMu examiner dampens hopes for shareholders WaMu examiner dampens hopes for shareholders
Shareholders of Washington Mutual are “highly unlikely” to recover anything from the bankruptcy stemming from the biggest bank failure in U.S. history, a court-appointed examiner said on Monday.
Bankruptcy court OKs Capmark settlement with lenders Bankruptcy court OKs Capmark settlement with lenders
A U.S. bankruptcy judge approved on Monday a $975 million settlement between failed commercial real estate lender Capmark Financial Group Inc. and its lenders over a disputed loan.
Ambac says may go bankrupt this year; shares sink Ambac says may go bankrupt this year; shares sink
Ambac Financial Group Inc., which was the second-largest U.S. bond insurer before suffering huge losses on risky mortgages, said it may file for bankruptcy protection as soon as this year after skipping a bond interest payment.

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