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:
  • 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 ... MF Global customer, saying his argument that the agreement bars customers from pursuing claims against CME in the future is incorrect. "Nothing in the release ...
    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 - 11:02 am | View Link
  • CME Strikes MF Global Deal
    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. The figure will be ...
    06/14/2012 - 8:42 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
  • MF Global Customer Counsel Koutoulas: JPM Stalling on First Lien Request, CME Likely to 'Make Investors Whole'
    James Koutoulas is CEO of Typhon Capital Management and recently founded the Commodity Customer Coalition (CCC), comprised of over 7000 customers of MF Global ... reasonable. The trustee has sped up this recovery process. The CME has gone part of the ...
    11/18/2011 - 8:22 am | View Link
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