March 28, 2013
The U.S. government has thrown its weight into the recent attacks on MF Global Holdings Ltd.'s bankruptcy plan, joining the U.S. trustee's objections to an "overly broad" provision that could release some parties connected to the former derivatives broker from their debts.
March 25, 2013
MF Global Holdings Ltd.'s Chapter 11 liquidation plan was the target of two attacks Monday, as Sapere Wealth Management LLC and the U.S. Trustee's office took issue with its classification of commodities customers' claims and "overly broad" third-party releases, respectively.
March 20, 2013
JPMorgan Chase Bank NA agreed to a deal that will free up over $546 million to be distributed to former U.S. customers of MF Global Inc., resolving all outstanding issues between the bank and the collapsed broker dealer.
March 05, 2013
Proponents of MF Global Holdings Ltd.'s liquidation plan and JPMorgan Chase Bank NA resolved their dispute Tuesday, striking a deal that puts $275 million in intercompany claims behind those of the bankrupt brokerage's lenders, according to Chapter 11 trustee Louis J. Freeh.
February 19, 2013
A New York bankruptcy judge on Tuesday greenlighted MF Global Holdings Ltd.'s disclosure statement, allowing the parent of the fallen brokerage to begin soliciting votes for its Chapter 11 plan and liquidate the business.
February 12, 2013
Proponents of MF Global Inc.'s Chapter 11 plan told a New York bankruptcy judge Tuesday that creditor objections to its disclosure statements were thinly veiled protests over the confirmation of the bankruptcy and should be overruled.
January 31, 2013
A New York bankruptcy judge signed off on an MF Global Inc. settlement Thursday involving the firm's U.K. unit that will allow for between $500 million and $600 million of former customers' missing funds to be returned, signaling significant progress in the collapsed brokerage's liquidation.
January 11, 2013
MF Global Holdings Ltd.'s general unsecured creditors on Thursday released the first proposed liquidation plan in the fallen company's Chapter 11 proceedings, beating the debtors to the punch with a plan that promises to pay former customers' claims in full.
November 13, 2012
A New York federal judge on Tuesday upheld a bankruptcy judge's ruling that commodity customers of collapsed broker-dealer MF Global Inc. shouldn't be allowed to jump ahead of other creditors in parent company MF Global Holdings Ltd.'s Chapter 11 case.
October 23, 2012
A New York bankruptcy judge on Tuesday granted requests by the trustees for MF Global Holdings Ltd. and its broker-dealer unit MF Global Inc. that he dismiss a Worker Adjustment and Retraining Notification class action filed against the bankruptcy estates.