Bankruptcy Judge Approves MFGI SIPA Trustee's Bulk Asset Sale Order

Bankruptcy Judge Approves MFGI SIPA Trustee's Bulk Asset Sale Order

NEW YORK - The bankruptcy judge presiding over the securities lawsuit of MF Global Inc. (MFGI), which is affiliated with the Chapter 11 bankruptcy proceeding of parent company MF Global Holdings Ltd. (MFGH) in the U.S. Bankruptcy Court for the Southern District of New York, on April 6 approved an asset sale agreement under 11 U.S. Code Section 363 pertaining to investor accounts (In Re: MF Global Inc.,  No. 11-2790, Chapter 11, S.D. N.Y. Bkcy.; 2012 Bankr. LEXIS 1490).

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