MF Global Holdings Ltd.

Track this case

Case overview

Case Number:

1:11-bk-15059

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. March 25, 2015

    MF Global Trustee Floats $461M General Creditor Payout

    The trustee winding down MF Global Inc. sought court approval on Wednesday to return $461 million to unsecured creditors of the failed broker-dealer and boost the recovery rate on their allowed claims to almost three-quarters.

  2. November 24, 2014

    MF Global Execs Seek To Tap $7.5M More In E&O Coverage

    Executives of bankrupt MF Global Inc. asked a New York bankruptcy judge Friday to give them access to an additional $7.5 million worth of errors and omissions insurance coverage for legal bills from lawsuits connected to their involvement in the company's downfall.

  3. October 01, 2014

    Judge OKs $295M MF Global Payout To Unsecured Creditors

    A New York federal judge on Wednesday approved MF Global Inc.'s bid to pay about $295 million to unsecured creditors, three years after the failed brokerage's parent filed for bankruptcy protection. 

  4. September 04, 2014

    MF Global Execs Win D&O Coverage Windfall

    A New York bankruptcy judge on Thursday allowed former MF Global Holdings Ltd. executives to access more than $200 million in directors and officers insurance policy proceeds to defend civil litigation over the firm's collapse, ruling that the proceeds are not property of the debtors' estates.

  5. August 21, 2014

    MF Global Brass Scores $15M 'Stopgap' In D&O Battle

    A New York bankruptcy judge on Thursday upped by $15 million the amount of directors and officers insurance that former top MF Global Holdings Ltd. executives can tap, a stopgap measure pending a decision on whether they control more than $200 million in disputed policy proceeds.

  6. June 19, 2014

    MF Global Judge Keeps $20M J.C. Flowers Suit Alive

    MF Global Holdings Ltd.'s lawsuit seeking to recover $20 million in dividends from J.C. Flowers & Co. and other investors will proceed after a judge rejected the private equity firm's efforts to dismiss the case on Thursday.

  7. June 06, 2014

    MF Global Wants To Cap Claims By Corzine, Other Ex-Execs

    MF Global Holdings Ltd. on Thursday asked a New York bankruptcy judge to cancel or cap certain claims by former officers, including Jon Corzine, who have been targeted in litigation related to the brokerage's collapse, in order to allow MF Global's bankruptcy plan administrator to make payments to other creditors.

  8. May 19, 2014

    Ex-MF Global Execs Granted Extra $10M For Defense Costs

    Former MF Global Inc. executives including Jon Corzine on Monday received court approval to access an additional $10 million in insurance proceeds to defend themselves against litigation related to the brokerage's collapse, despite the judge's annoyance at the "staggering" amount that has already been spent.

  9. April 30, 2014

    Ex-MF Global Execs Again Seek $10M More For Defense Costs

    Fourteen former MF Global Inc. executives on Tuesday renewed their bid for an extra $10 million in insurance proceeds to pay for their defense against claims related to the brokerage's downfall, telling a bankruptcy judge that the need for the additional funds is "urgent."

  10. December 06, 2013

    2nd Circ. Nixes MF Global Customers' Bid For Ch. 11 Priority

    The Second Circuit rejected on Friday a bid by Sapere Wealth Management LLC to overturn a ruling that MF Global Inc. commodity customers could not jump ahead of other creditors in the MF Global Holdings Ltd. Chapter 11 proceedings.

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!