BSF is representing a group of bondholders, including Marathon Asset Management and York Capital management, who purchased bonds issued by Washington Mutual Bank. During the credit crisis of 2008, the Bank became the largest bank failure in U.S. history and its holding company, Washington Mutual, Inc., filed for bankruptcy. Since December 2009, BSF has been seeking to reach a resolution of billions of dollars of claims among the parties in a manner which provides appropriate returns to the bondholders.
Please follow the below links for leading media coverage.