Cases & Deals

JPMorgan Chase acquires Washington Mutual Bank from FDIC

Clients JPMorgan Chase Bank, N.A.

Jones Day advised JPMorgan Chase Bank, N.A., in connection with the acquisition of Washington Mutual Bank from the FDIC, the largest bank failure in American financial history. Jones Day handled the real estate aspects of the acquisition, the assets of which included approximately 2,850 leased properties and 550 owned properties, and also continues to provide ongoing advice regarding FDIC receivership issues.