MF Global Trustee: Wealth Managers Cannot Appeal Administration Of Estate

MF Global Trustee: Wealth Managers Cannot Appeal Administration Of Estate

NEW YORK - The Chapter 11 trustee in the bankruptcy of MF Global Holdings Ltd. (MFGH) on April 13 filed a brief in the U.S. Bankruptcy Court for the Southern District of New York, objecting to a motion by three wealth management firms seeking certification of their appeal of the Bankruptcy Court's order that denied their motion to have MFGH's estate administered pursuant to 11 U.S. Code Section 761-767 (In Re: MF Global Holdings Ltd., No. 11-15059, Chapter 11, S.D. N.Y. Bkcy.).   See In Re: MR Global Holdings, Ltd., 2012 Bankr. LEXIS 14902012 Bankr. LEXIS 995. Subscribers may view the brief available within the full update.

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