Legal Opinion
In Re Washington Mutual, Inc.
United States Bankruptcy Court, D. Delaware
Decided December 20, 2011No. 16-10847PublishedCited by 10 opinions
1Opinion of the Court
MEMORANDUM OPINION 1
MARY F. WALRATH, Bankruptcy Judge.
Before the Court is the objection of Washington Mutual, Inc. (‘WMI”) to the claim filed by Tranquility Master Fund, Ltd. (“Tranquility”). The crux of the issues presented is whether Tranquility has properly pled a claim and if that claim should be subordinated. For the reasons set forth below, the Court finds Tranquility has sufficiently pled its claim and that WMI has not stated a basis to subordinate Tranquility’s claim.
I. BACKGROUND
On September 26, 2008, WMI and WMI Investment Corp. (collectively, the “Debtors”) filed voluntary…
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