NEW YORK - The bankruptcy judge presiding over the Chapter 11 proceeding of MF Global Holdings Ltd. (MFGH) on April 25 ruled that creditors who sought a specific type of asset distribution from MFGH's estate could not appeal the opinion that denied their motion directly to the Second Circuit U.S. Court of Appeals on procedural grounds (In Re: MF Global Holdings Ltd., No. 11-15059, Chapter 11, S.D. N.Y. Bkcy.). See related prior history, 2012 Bankr. LEXIS 1490, and 2012 Bankr. LEXIS 995. Subscribers may view the opinion available within the full update.