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By Phil Milford and Tiffany Kary, Bloomberg |
April 23, 2013
Jon Corzine, the former head of bankrupt broker MF Global Holdings Ltd., was sued by the holding company’s trustee, Louis J. Freeh, for failing in his duty to oversee the company and causing the eighth-biggest bankruptcy in U.S. history.
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By Andrew Harris, Bloomberg |
April 16, 2013
Former MF Global Inc. broker Evan Brent Dooley was sentenced to 5 years in prison for making unlawful unauthorized trades that caused the now-defunct futures firm to lose more than $141 million in 2008.
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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 and Sophia Pearson, Bloomberg |
April 4, 2013
Former MF Global Holdings Ltd. Chairman and Chief Executive Officer Jon S. Corzine’s risky business strategies and mismanagement helped accelerate the futures brokerage’s demise, according to a report by bankruptcy trustee Louis Freeh.
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By Michael Hytha and Kit Chellel, Bloomberg |
March 20, 2013
A JPMorgan Chase & Co. unit reached a $100 million settlement with MF Global Inc. liquidators, paving the way for the return of money to creditors and clients of the failed brokerage.
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By Agnieszka Troszkiewicz |
February 21, 2013
The LME says European Union rules seeking greater transparency for OTC derivatives will drive business to the exchange.
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By Linda Sandler and Karen Gullo, Bloomberg |
January 11, 2013
A group of MF Global Holdings Ltd. creditors proposed a liquidation plan that would pay as much as 41.5 cents on the dollar for unsecured claims after the company reached key settlements last month with affiliates.
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By Daniel P. Collins |
December 22, 2012
A broad agreement among the various entities administrating the MF Global bankruptcy was announced Saturday morning that resolves existing claims among the competing interests and will expedite additional distributions to former MF Global customers and claimants
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By Elaine Knuth |
December 17, 2012
As disastrous as the MF Global debacle has been to its customers, those customers with funds held overseas in secured accounts have seen the worst of the MF Global mess.
