Mealey's Bankruptcy - MF Global: Complaint Seeking $20.02M In Transfers Meets Pleading Obligation

Mealey's Bankruptcy - MF Global: Complaint Seeking $20.02M In Transfers Meets Pleading Obligation

NEW YORK - Bankrupt MF Global Holdings Ltd. (MFGH) on April 24 filed a brief in the U.S. Bankruptcy Court for the Southern District of New York objecting to a motion by creditor JCF MFG Holdco LLC that sought to dismiss MFGH's complaint seeking recovery of $20,022,112 in what MFGH contends constitute fraudulent transfers arising out of the payment of dividends to MFGH shareholders (MF Global Holdings Ltd. v. JCF MFG Holdco LLC [In Re: MF Global Holdings Ltd.], No. 11-15059, Adv. No. 13-01663, Chapter 11, S.D. N.Y. Bkcy.).

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