MF Global Holdings Ltd.

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Case overview

Case Number:

1:11-bk-15059

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

June 25, 2013
MF Global Won't Challenge Firm $40M Cap On Attys' Fees

MF Global Inc.'s bankruptcy plan administrator said Tuesday that it won't object to a "hard cap" on a proposed limit increase to $40 million on attorney fees in New York bankruptcy court, while insurers say those arguing for a modified limit are those who caused fees to increase at an "alarming rate" in the first place.
June 07, 2013
MF Global Customers Seek $40M Cap On Attys' Fees

A group of MF Global Inc. customers urged a New York bankruptcy judge on Thursday to set a hard $40 million cap on attorneys' fees executives can draw from the firm's insurance coffers, alleging the charges have ballooned at "an alarming rate."
June 03, 2013
MF Global, BofA Reach Deal On $4M Bankruptcy Claim

MF Global Holdings Ltd. has agreed to allow Bank of America NA a $4 million bankruptcy claim stemming from a bill for financial advice provided in the final days of the brokerage firm's stunning collapse, according to court documents filed Friday.
April 23, 2013
MF Global Trustee Sues 'Grossly Negligent' Corzine

MF Global Holdings Ltd. bankruptcy trustee Louis Freeh on Monday launched a lawsuit against the brokerage firm's former CEO Jon Corzine and two other executives, claiming they ultimately sank the company through a doomed trading strategy and "grossly negligent" oversight.
April 18, 2013
MF Global Judge Axes 'Frivolous' $35M Claim

A New York bankruptcy judge on Thursday threw out a $35 million claim against MF Global Holdings Ltd. and ordered the claimant to pay a fine, saying she had no direct relationship to the fallen firm and that her claim was frivolous.
April 12, 2013
Trustee Balks At Attys' Fee Requests In MF Global Ch. 11

The U.S. Trustee's Office objected Friday to nearly $2 million in fees and expenses sought by seven of the firms that worked on the Chapter 11 liquidation plan for MF Global Holdings Ltd., including Proskauer Rose LLP and Morrison & Foerster LLP, calling the attorneys to task over their allegedly vague submissions.
April 05, 2013
MF Global Liquidation Plan Gets Court Approval

MF Global Holdings Ltd. on Friday received court approval of its Chapter 11 liquidation plan, allowing creditors and customers to begin seeing some payback and signaling the beginning of the end of one of the largest bankruptcies the country has ever seen.
April 04, 2013
Damning Report Aside, MF Global's Corzine May Walk

MF Global Holdings Ltd.'s bankruptcy trustee on Thursday pinned the brokerage firm's collapse on former CEO Jon Corzine, but attorneys say the executive's supposed negligence and poor business decisions may not be enough to put him behind bars.
April 04, 2013
Corzine Sank MF Global, Trustee Says

Former MF Global Holdings Ltd. CEO Jon Corzine's aggressive trading strategy and "negligent conduct" in policing the brokerage firm's risk led to its collapse, bankruptcy trustee Louis Freeh said in a blistering report Thursday.
April 02, 2013
MF Global Blasts 'Meritless' Ch. 11 Plan Objections

MF Global Holdings Ltd. on Tuesday hit back against recent objections to its Chapter 11 bankruptcy plan confirmation, saying challenges brought by Sapere Wealth Management LLC, the U.S. Trustee, Occidental Energy Marketing Inc. and the federal government are "meritless" and "entirely misplaced."

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