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By Tiffany Kary, Bloomberg |
April 11, 2013
MF Global Holdings Ltd.’s lawyers and advisers shouldn’t get all of the $13.7 million in fees they’ve requested, as their billing was vague, repetitive, or improper, the U.S. said.
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By Tiffany Kary, Bloomberg |
April 8, 2013
MF Global Holdings Ltd. won final approval of its plan to repay creditors, paving the way for the eighth-largest bankruptcy in U.S. history to wind down under court protection.
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By Tiffany Kary, Bloomberg |
October 11, 2012
MF Global Inc. won bankruptcy court approval of procedures that will help it sort through $22.7 billion worth of claims from 6,669 general creditors.
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By Tiffany Kary, Bloomberg |
August 30, 2012
MF Global Holdings Ltd.’s trustee, Louis Freeh, said the rights to any winnings from lawsuits against the failed brokerage’s officers and directors including Jon Corzine shouldn’t be given to customers, and should go to the general estate instead.
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By Tiffany Kary, Bloomberg |
August 10, 2012
The trustee liquidating MF Global Inc. won court approval to receive $130 million from CME Group Inc. to pay back the bankrupt brokerage’s customers and other creditors.
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By Tiffany Kary, Bloomberg |
May 18, 2012
MF Global Holdings Ltd. still can’t trace where some of the money went when its brokerage collapsed, including $1 billion that “vanished” into the brokerage unit MF Global Inc., an attorney told a bankruptcy court.
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By Tiffany Kary, Bloomberg |
April 24, 2012
A trustee for MF Global Inc., the failed brokerage, can distribute $685 million more to customers, bringing them from 72% to about 80% of what they’re owed, a judge ruled.
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By Tiffany Kary, Bloomberg |
April 19, 2012
A trustee for failed brokerage MF Global Inc. plans to pursue a lawsuit in the U.K. to recover $700 million in customer funds, according to a statement.
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By Tiffany Kary, Bloomberg |
April 12, 2012
Creditors of MF Global Holdings Ltd. are questioning a $1.6 billion estimate of how much more is required to repay customers of the failed brokerage, their lawyer said in Manhattan bankruptcy court today.
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By Tiffany Kary, Bloomberg |
April 11, 2012
A trustee for the MF Global Inc. brokerage, in response to customer objections to its plan to distribute to them another $685 million, said the distribution won’t force them to give up claims against unknown parties, or hold them to other undefined conditions.
