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By Daniel P. Collins |
March 21, 2012
A battle is brewing in the MF Global bankruptcy scrum over insurance proceeds
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By Daniel P. Collins |
March 19, 2012
MF Global Inc. Trustee James Giddens has failed to claim $120 million in professional liability insurance due MF Global customers, according to a motion filed on Monday. The MF Global Holdings Ltd. trustee wants those proceeds to pay for the defense of officers with the firm.
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By Tiffany Kary, Bloomberg |
March 19, 2012
MF Global Holdings Ltd.’s hiring of consultant Freeh Group International Solutions LLC doesn’t comply with the bankruptcy code, said the U.S. Trustee, a Justice Department arm that oversees bankruptcies.
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By Daniel P. Collins |
March 9, 2012
Does the Chapter 11 trustee's ability to reward MFGH executves bonuses represent a conflict?
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By Tiffany Kary, Bloomberg |
March 9, 2012
The MF Global Holdings Ltd. executives who oversaw the company before it failed last year should get bonuses this year if a bankruptcy court approves.
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By Daniel P. Collins |
February 15, 2012
MFGH trustee Louis Freeh has agreed to release documents related to the MF Global bankruptcy, waiving attorney-client privilege.
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By Daniel P. Collins |
February 1, 2012
A day after a source close to the MF Global investigation told the Wall Street Journal that client money may have vaporized, another unnamed source ...
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By Daniel P. Collins |
January 23, 2012
Better late than never is how the Commodity Customer Coalitions (CCC) responded to the Commodity Futures Trading Commission’s brief, filed on Wednesday Jan. 18, clearly ...
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By Daniel P. Collins |
January 23, 2012
Former MF Global customers want the parent Holdings company to be treated as an FCM so futures industry priority rules apply.