Hints and tips:
...“That such a distribution is even possible represents an extraordinary achievement that was far from certain when the liquidation began,” James Giddens, the trustee, said in September 2014 when unsecured...
...Louis Freeh, the bankruptcy trustee for MF Global, said this week he was stepping down from the role, in a move that effectively ends the company’s bankruptcy proceedings....
...“This is a significant milestone in returning assets to former customers,” James Giddens, the trustee for MF Global’s North American brokerage, said in a statement....
...The complex issue had led to lawsuit and countersuit between KPMG, James Giddens, trustee for the US business, and Louis Freeh, trustee for the MF Global’s holding company, and delayed the return of customer...
...(Financial Times) MF Global trustee plans to return more customer funds: “Wednesday’s request by court-appointed trustee James Giddens would reallocate money earmarked for general unsecured creditors to...
...The deal unveiled just before Christmas between James Giddens, the trustee of the US business, KPMG and trustee for the MF Global’s holding company was seen as a breakthrough to returning more of the futures...
...In a three-way deal, Mr Giddens and KPMG also reached an agreement with the trustee for the MF Global’s holding company over each’s respective claims to the estate....
...James Giddens, the court-appointed trustee for MF Global’s North American brokerage, said on Wednesday he would sue the executives by joining previously filed class action law suits against senior MF Global...
...Yet his comments clashed with those of James Giddens, the court-appointed bankruptcy trustee for MF Global’s North American brokerage business....
...Click below to open the 275-page pdf (warning: big file)… As the FT reports, the trustee, James Giddens, will decide within sixty days whether to sue Corzine and other senior staff for “breach of fiduciary...
...James Giddens said on Thursday....
...A report published on Monday by James Giddens, the trustee for MF Global’s North American brokerage, MF Global Inc or “MFGI”, said the trading positions were part of Mr Corzine’s attempts to boost profit...
...James Giddens has argued that as the US trustee it should be treated as a segregated customer....
...MF Global customers will “eventually be made whole” according to the failed brokerage’s bankruptcy trustee Louis J. Freeh....
...(Financial Times) Former MF Global CEO Jon Corzine helped to bring down the brokerage, according to a report by the company’s court-appointed trustee....
...For James Giddens, the trustee charged with recouping the $1.6bn still owed to MF Global customers, it was the culmination of months of intense investigation including thousands of reviewed documents and...
...The bankruptcy trustee, James Giddens, is still in the process of returning money to former clients, and is expected to this week to send out cheques that will boost recovery rates to 80 per cent for certain...
...James Giddens said on Monday that he would decide within 60 days whether to sue Mr Corzine, the former New Jersey governor and senator, and other former staff members at the company for “breach of fiduciary...
...as trustee for the US business....
...James Giddens, trustee for MF Global’s North American brokerage, said on Wednesday he would sue the executives by joining previously filed class action law suits against senior MF Global staff, the FT reports...
...The dispute adds a further layer of complexity to a series of disputes between KPMG and James Giddens, trustee of the US business....
...James Giddens, the bankruptcy trustee for MF Global, could be forgiven for stating the obvious last month when he called for stronger customer safeguards for the futures industry....
...James Giddens, the bankruptcy trustee, said in his report: “[MF Global] would not be able to unwind a repo to free up eligible collateral …to close out its investment in the securities lending program until...
...“The trustee continues to engage in discussions with JPMorgan regarding his other claims,” James Giddens, the trustee for MF Global Inc, the brokerage, said in a statement on Friday....
...My vote, after reading the scathing report by James Giddens, the trustee who is trying to recoup the cash that went astray in MF Global’s crash, is for an earlier moment – when Mr Corzine took the job....
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