March 25, 2015 BY Maria Nikolova

Trustee of MF Global Inc seeks court permission for distribution of $461m to creditors

MF Global, the ill-fated brokerage, went insolvent in 2011 but the saga around the bankruptcy, return of customer funds, litigation and regulatory probes of the corporate management, seems to be never-ending. Today brought a piece of good news to the creditors of MF Global Inc (MFGI). James W. Giddens, Trustee for the liquidation of MFGI,…

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