Mf Global Trustee In Deal With Cme To Release $130 Million

The trustee unwinding the brokerage of MF Global Holdings Ltd. struck a deal with CME Group Inc. that will see the futures-exchange operator turn over about $130 million in property that will go to former customers of the collapsed firm.

BING NEWS:
  • USA
    The deal was off, and MF Global filed for a Chapter 11 bankruptcy ... began calling legislators and pressing the trustee for an earlier release, according to the organization's co-founder, John Roe. The CME Group, which was MF Global's primary regulator ...
    11/5/2012 - 12:31 pm | View Link
  • Judge Approves Deal Between MF Global Trustee and CME
    A judge on Friday approved a deal between CME Group Inc. (>> CME Group Inc) and the trustee unwinding the brokerage of MF Global Holdings Ltd. (>> MF ... "Nothing in the release sections in Article IV of the Agreement provides for any release of tort ...
    10/7/2012 - 2:09 pm | View Link
  • Judge OKs $175M MF Global Inc., CME Settlement
    Law360, New York (August 10, 2012, 6:02 PM ET) -- The judge overseeing the bankruptcies of MF Global ... CME to the SIPA Trustee’s claims resolution process." Judge Glenn also said Hamann failed to support his objection with adequate facts regarding the ...
    08/10/2012 - 12:02 pm | View Link
  • CME Strikes MF Global Deal
    That figure depends on total claims and recovery efforts, according to the trustee's spokesman. Under terms of the agreement struck Thursday, CME's own claims will have a lower priority of payment than MF Global's former customers'. "This agreement ...
    06/14/2012 - 9:40 am | View Link
  • CME, MF Global trustee reach deal to release $130 mln
    Futures market operator CME Group Inc. (NYSE:CME) and the trustee unwinding brokerage firm MF Global Thursday struck a deal that will see $130 million go to former customers of the collapsed firm. Under terms of the agreement struck Thursday, CME's own ...
    06/14/2012 - 7:27 am | View Link
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  • MF Global Holdings Ltd
    MF Global Holdings Ltd, formerly known as MF Global Inc. and before that Man Financial, was one of the world's largest derivatives brokers with a significant presence ...
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