June 24 (Bloomberg) -- Washington Mutual Inc., the former parent of the biggest U.S. bank to fail, should battle JPMorgan Chase & Co. for control of $4 billion in bankruptcy court, a judge ruled, potentially speeding up payments to creditors. The ruling benefits Washington Mutual creditors, who say they will get paid much faster if U.S. Bankruptcy Judge Mary Walrath in Wilmington, Delaware, decides who owns the $4 billion, currently on deposit with JPMorgan. Walrath denied a request today from U.S. regulators and JPMorgan that she put off any decision on the cash until a federal court in Washington rules on a related lawsuit.
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