June 13, 2017
A New York bankruptcy judge ruled Monday that defunct brokerage MF Global's excess insurer Allied World must post a $15 million bond before the court can consider the insurer's request to arbitrate a coverage dispute in Bermuda, saying Allied World cannot evade requirements of New York insurance law.
April 12, 2017
MF Global Holdings Ltd. on Wednesday beat a farming cooperative's effort to dismiss its $1.7 million suit for gains on over-the-counter derivatives trades that predate the firm's 2011 bankruptcy, as a judge found the co-op had a sufficient heads-up that it could face litigation.
February 22, 2017
A farming co-op hit back against MF Global Holding Ltd.'s demand for $1.7 million over derivatives trades that predate the firm's massive 2011 bankruptcy, saying on Monday that MF Global failed to preserve those claims in its Chapter 11 plan and therefore has no right to pursue them.
January 04, 2017
MF Global Holding Ltd. filed an adversary bankruptcy suit on Tuesday alleging that a farming cooperative owes it $1.7 million for gains on a portfolio of over-the-counter derivatives, after the co-op failed to promptly terminate the trades when MF Global filed for bankruptcy.
October 28, 2016
MF Global Holding Ltd. filed an adversary bankruptcy suit against insurers including Ironshore Insurance Ltd. on Thursday, saying they owe at least $25 million under their policies and damages of up to $40 million after refusing to participate in a massive settlement this summer in connection with MF Global's infamous collapse.
August 10, 2016
A New York bankruptcy judge signed off Wednesday on a $159 million settlement resolving outstanding litigation between MF Global and former CEO Jon Corzine and other executives over the company's collapse in 2011.
July 21, 2016
Bankrupt commodities firm MF Global asked a New York bankruptcy judge on Wednesday to sign off on a $159 million deal that would end multidistrict litigation including both the firm's claims against its executives and customer suits against the brokerage.
November 06, 2015
A New York bankruptcy judge has denied an attempt from executives of bankrupt MF Global Inc. to access to what remains of $7.5 million worth of errors and omissions insurance coverage to cover the mounting legal bills for lawsuits connected to their involvement in the brokerage firm's downfall.
October 19, 2015
Executives of bankrupt MF Global Inc. on Monday once again asked a New York bankruptcy judge for access to what remains of $7.5 million worth of errors and omissions insurance coverage as the legal bills for lawsuits connected to their involvement in the company's downfall continue to mount.
August 20, 2015
A New York bankruptcy judge signed off Wednesday on a final distribution for MF Global Inc. creditors that puts them in line to recover 95 percent, an outcome the trustee overseeing the liquidation said seemed remote when the brokerage collapsed in October 2011.