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Washington Mutual Files for Chapter 11

Washington Mutual Inc. has filed a Chapter 11 reorganization plan, two weeks after resolving a $4 billion dispute with JPMorgan Chase & Co. and the Federal Deposit Insurance Corp.

The bank holding company filed its 521-page reorganization plan late Friday in U.S. Bankruptcy Court in Delaware, two weeks after reaching the agreement with JPMorgan and the FDIC.

No date has been set for a hearing on the plan.

The FDIC seized Washington Mutual's flagship bank in 2008 and sold its assets to JPMorgan for $1.9 billion.

The sale resulted in the two banking companies and the government agency trading lawsuits over roughly $4 billion in disputed deposit accounts following the largest bank failure in U.S. history.

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