-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
By Tiffany Kary, Bloomberg |
April 2, 2012
MF Global Inc.’s plan to distribute $685 million drew criticism from the trustee for its parent and objections from the defunct brokerage’s customers.
-
By Daniel P. Collins |
April 1, 2012
MF Global Holdings (MFGH) Trustee Louis Freeh agreed in essence to a partial waiver of client/attorney privilege regarding certain documents related to the holding company’s bankruptcy.
-
By Daniel P. Collins |
March 21, 2012
A battle is brewing in the MF Global bankruptcy scrum over insurance proceeds
