Mealey's Bankruptcy - Judge: MF Global Officers Get $43.8M From Insurance To Pay Defense Costs

Mealey's Bankruptcy - Judge: MF Global Officers Get $43.8M From Insurance To Pay Defense Costs

NEW YORK - The federal bankruptcy judge in the U.S. Bankruptcy Court for the Southern District of New York presiding over the Chapter 11 case of MF Global Holdings Ltd. (MFGH) on May 30 issued an order increasing to $43.8 million the amount payable for the insurance costs of MFGH's executives and officers (In Re: MF Global Holdings Ltd., No. 11-15059, Chapter 11, S.D. N.Y. Bkcy.).

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