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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 Phil Mattingly and Silla Brush, Bloomberg |
April 24, 2012
Senior MF Global Holdings Ltd. executives still working at the bankrupt firm will not receive bonuses, the company’s trustee told lawmakers.
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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 Daniel P. Collins |
April 12, 2012
The MF Global Inc. (MFGI) trustee put out an update on the status of his investigation ... indicating a more active pursuit of civil charges against certain officers of MF Global and MF Global Holdings itself.
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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.
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By Tiffany Kary, Bloomberg |
April 11, 2012
Jon Corzine and other former executives of MF Global Holdings Ltd., facing lawsuits over the company’s collapse, can use insurance funds to cover their defense costs.
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By Tiffany Kary, Bloomberg |
April 6, 2012
Creditors of MF Global Holdings Ltd. said its failed brokerage unit may have transferred $717 million in customer funds to eight institutions in October.
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By Tiffany Kary, Bloomberg |
April 6, 2012
The MF Global Inc. brokerage trustee is engaged in discussions with JPMorgan Chase & Co. about the bank’s activities in connection with MF Global, the trustee, James Giddens, said yesterday in a statement.
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By Kit Chellel, Bloomberg |
April 4, 2012
Employees of MF Global Holdings Ltd.’s U.K. unit are seeking 39 million pounds ($62 million) of unpaid bonuses, severance pay and pension contributions from the collapsed broker’s administrator KPMG LLP.
