MF Global SIPA Trustee: 100 Percent Recovery For Some Creditors Possible

MF Global SIPA Trustee: 100 Percent Recovery For Some Creditors Possible

NEW YORK - The liquidation trustee in the Securities Investor Protection Act (SIPA) for MF Global Inc. (MFGI), an affiliate of bankrupt MF Global Holdings LLC (MFGH), on Dec. 4 filed an interim report in which he says there is a probability of a 100 percent recovery of allowed net equity claims for all commodities and securities customers (In Re: MF Global Inc., No. 11-2790, Chapter 11, S.D. N.Y. Bkcy.).

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