Tuesday 15 November 2011

MF Global Trustee Asks Judge to Allow Speedy Claim Process for Ex-Clients

The liquidator of broker-dealer MF Global Inc. asked a bankruptcy judge to approve a speedy claims process for former customers. Trustee James Giddens is holding back about $1 billion of collateral from the defunct firm’s commodity customers, after distributing almost $1.6 billion, according to ...


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