April 24, 2020
A pair of New York bankruptcy judges on Friday granted early wins for the Office of the U.S. Trustee in adversary cases brought by Chapter 11 debtors SunEdison Inc. and MF Global Holdings Ltd., determining that an update to the trustee fee schedule was constitutional and applied to pending cases.
October 23, 2019
The plan administrator overseeing the confirmed Chapter 11 plan of investment firm MF Global Holdings Ltd. and several affiliates filed suit in New York bankruptcy court Wednesday seeking a refund of alleged overpayments for fees paid to the Office of the United States Trustee after a rate hike in 2018.
April 30, 2018
The litigation trust created in the wake of MF Global's Chapter 11 bankruptcy to pursue leftover claims on behalf of creditors has asked for a three-year extension, saying the trust still stands to recover several million dollars against intransigent insurers.
October 31, 2017
Attorneys for MF Global Holdings Ltd. will be spending their winter in the North Atlantic after a New York federal court on Monday denied the defunct brokerage's bid to undo a bankruptcy court order that sent a coverage dispute with Allied World to the insurer's home country of Bermuda for arbitration.
September 07, 2017
A New York bankruptcy judge refused Wednesday to overturn his order requiring MF Global to arbitrate in Bermuda a coverage dispute with its excess insurer, Allied World, even after taking a harder look at the defunct brokerage's argument that its liquidation plan supersedes an arbitration provision.
September 01, 2017
MF Global asked a New York bankruptcy judge Thursday to reconsider his order requiring the defunct brokerage to arbitrate in Bermuda a coverage dispute with its excess insurer, Allied World, urging the court to take another look at the firm's contention that its liquidation plan supersedes an arbitration provision.
August 25, 2017
A New York bankruptcy judge told defunct brokerage MF Global on Thursday that it must arbitrate in Bermuda a dispute with Bermuda-based excess insurer Allied World over a $15 million policy, saying it's a noncore proceeding and that a broad arbitration agreement is in play.
August 02, 2017
Defunct brokerage MF Global's excess insurer Allied World, which is trying to arbitrate a coverage dispute in Bermuda, has asked a New York bankruptcy court to toss MF Global's adversary suit for what it claimed was improper service.
July 18, 2017
Defunct brokerage MF Global's excess insurer Allied World must post a new $15 million bond as part of its attempt to arbitrate a coverage dispute in Bermuda, a New York bankruptcy judge said Monday, finding the current bond should be stricken for flouting state insurance law.
July 12, 2017
Defunct brokerage MF Global on Tuesday doubled down on its bid for a New York bankruptcy judge to strike a $15 million bond posted by its excess insurer Allied World as part of its attempt to arbitrate a coverage dispute between them in Bermuda, arguing the bond is defective and the case should stay put.