Mealey's Banking & Finance - MFGH Seeks Reclassification Of Claims Filed By Former Employee

Mealey's Banking & Finance - MFGH Seeks Reclassification Of Claims Filed By Former Employee

NEW YORK - Bankrupt MF Global Holdings Ltd. (MFGH) on March 6 filed a brief in the U.S. Bankruptcy Court for the Southern District of New York seeking to subordinate and reclassify claims filed by a former employee based on money he says he is owed from the MFGH employee stock program (In Re: MF Global Holdings Ltd., No. 11-15059, Chapter 11, S.D. N.Y. Bkcy.).

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