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Wilmington Trust (WL)
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QUOTE AND NEWS
WL Ross Scoops Up Stake in Gas Tanker From Lehman
Wall Street Journal  Aug 10  Comment 
The trustee unwinding Lehman Brothers Holdings' brokerage business has agreed to sell the company's stake in a gas shipping business to Wilbur Ross for $110 million.
The Coal Trade: Up In Smoke?
CNBC  Jul 16  Comment 
U.S. demand for coal is at a 24-year low, and inventories are continuing to build as the global economy slows. Wilbur Ross, WL Ross & Company chairman/CEO, discusses whether investors should expect more trouble ahead for the commodity.
Stagg: Impossibility Defense Flops Again: Debtor Which Ignored Court Freeze Orders Found In Contempt Of Court And Sent to Community Service
Forbes  Jan 14  Comment 
Katcher v. Stagg, 2011 WL 6989882 (Conn.Super., Dec. 19, 2011). Full Opinion at http://www.goo.gl/QklQZ
Cohen: Temporary Restraining Order Issued Against Those Assisting Debtor With Fraudulent Transfers
Forbes  Dec 23  Comment 
Kremen v. Cohen, 2011 WL 6113198 (N.D.Cal., Slip Copy, Dec. 7, 2011). Full Opinion at http://goo.gl/eifcR
OCM targets wiping out losses by 2012-13
The Hindu Business Line  Dec 22  Comment 
WL Ross to be long-term investor
Wilmington Trust is Not an AMR Corp. (AMR) Creditor, Serves in Multiple Trustee Roles
StreetInsider.com  Nov 30  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Wilmington+Trust+is+Not+an+AMR+Corp.+%28AMR%29+Creditor%2C+Serves+in+Multiple+Trustee+Roles/6985012.html for the full story.
MF Global Creditor Panel Includes JPMorgan, Wilmington Trust
BusinessWeek  Nov 9  Comment 
MF Global Holdings Ltd. creditors formed a committee including JPMorgan Chase & Co. and Wilmington Trust Co. to help seek recoveries from the eighth-largest bankruptcy in U.S. history.




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Scott Redmond

Wilmington Trust (NYSE: WL), the largest banking company in Delaware, was founded in 1903 by members of the du Pont family. The company is also the 15th largest personal trust institution in the United States. With more than $48 billion in assets under management, the company has offices in eight states, Grand Cayman Island, and London.

Business Overview

Wilmington Trust provides services to clients in 92 countries through three main businesses: Regional Banking, Corporate Client Services (CCS), and Wealth Advisory Services (WAS). Each of these businesses provides different kinds of services, has a different geographic scope, and targets specific kinds of clients.[1]

References 1. 2006 Annual Report, Management's Discussion and Analysis of Financial Condition and Results of Operations

References

  1. ↑ WL
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