Collapse of MF Global Holdings

MF Global Brokerage Creditors In Line For Nearly Full Recovery

A judge in MF Global’s bankruptcy on Wednesday set the stage for nearly 100% recoveries for creditors, an outcome considered unthinkable when the firm collapsed less than four years ago.

Judge Martin Glenn of U.S. Bankruptcy Court in Manhattan, who approved the sale of MF Global’s brokerage litigation to its parent said the measure marked a “significant accomplishment” in the case.

]
MF Global Inc’s liquidation is essentially . . .

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Saved Articles
X
TextTExtLInkTextTExtLInk

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Opt out of occasional 3rd party offers


Congrats! Are you a smart person? We have a limited time offer for sophisticated and loyal readers like yourself.

Sign up today and get three months free

Use coupon code VIP19 or click on the button below

Limited time offer only expires 8/31/2019 or next 30 now just 2 subscribers whichever comes first – please do not share this discount with others

 

0