December 21, 2011
Attorneys for MF Global Holdings Ltd. told a New York bankruptcy judge on Wednesday that they had no intention of tapping into $22.4 million held in the bank accounts of three additional affiliate companies that had filed for bankruptcy protection the previous day.
December 14, 2011
MF Global Holdings Ltd. won final approval Wednesday from a New York bankruptcy judge to use up to $21 million in cash collateral in an account that former commodity customers say could contain some of their missing $1.2 billion.
December 12, 2011
The Hughes Hubbard & Reed LLP partner overseeing the liquidation of MF Global Inc. under the Securities Investor Protection Act defended himself Monday against alleged conflicts of interest, saying his firm was disinterested in the outcome of the case.
December 06, 2011
A pair of foreign units of MF Global Holdings Ltd. on Monday said the trustee overseeing the failed derivative brokerage's liquidation should prove there are adequate reserves to cover the firm's international clients before engaging in a third round of payouts to customers.
December 05, 2011
MF Global Holdings Ltd. should give priority status in its bankruptcy to segregated-account customers of brokerage unit MF Global Inc., which is in Securities Investor Protection Act liquidation, Sapere Wealth Management LLC argued Monday in New York bankruptcy court.
December 02, 2011
Highridge Futures Fund LP, a former client of insolvent MF Global Inc., on Friday asked a New York bankruptcy judge to force the trustee to locate its $50 million account, which it says is "nowhere to be found."
November 30, 2011
MF Global Holdings Ltd.'s new Chapter 11 trustee, former FBI Director Louis J. Freeh, for the first time Wednesday addressed the New York bankruptcy judge overseeing the case, saying he would shepherd the company through bankruptcy "in the most efficient and effective way" possible.
November 29, 2011
The trustee overseeing the liquidation of MF Global Inc. sought permission from a New York bankruptcy court Tuesday to disburse up to an additional $2.1 billion in assets to former commodity customers of the failed brokerage who were left out of previous transfers.
November 29, 2011
Investigators on Monday reportedly located at a JPMorgan Chase & Co. U.K. unit about $200 million of an estimated $1.2 billion that vanished from customer accounts at failed broker-dealer MF Global Inc., but it was unclear whether investors could recover the funds.
November 28, 2011
The trustee liquidating MF Global Inc. won bankruptcy court approval Monday to cancel hefty leases for the company's main New York office and several others, freeing the failed broker-dealer from more than $735,000 in monthly rent payments altogether.