Washington Mutual Inc., J.P. Morgan Chase & Co. and federal regulators said Friday they have settled disputes arising out of the largest banking collapse in U.S. history, that of Washington Mutual Bank. Read the Daily Bankruptcy Review story here.
Commercial real estate investor Anthracite Capital Inc. filed for Chapter 7 bankruptcy protection in Manhattan more than three months after defaulting on its debt, Reuters reports.
Lyondell Chemical Co. is planning a $2.25 billion note offering as part of a financing package to fund its exit from bankruptcy protection, according to Dow Jones Newswires.
European sculpture and paintings entangled in the Salander-O’Reilly Galleries LLC bankruptcy are headed to the auction block, Bloomberg reports.
Debt-laden Dubai is making it difficult for the Gulf region to attract foreign investment dollars, according to The Wall Street Journal.
A continued lending squeeze is thwarting the recovery of small businessness, WSJ reports.

