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By Daniel P. Collins |
April 24, 2012
The National Futures Association is offering its help to the U.S. Attorney’s office for the Northern District of Illinois in its investigation of potential criminal conduct surrounding the collapse of MF Global
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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 Daniel P. Collins |
April 24, 2012
MF Global Inc. Trustee James Giddens calls for strict liability for the senior officers and directors of a commodity broker
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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.
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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.
