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....
...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....
...Yet his comments clashed with those of James Giddens, the court-appointed bankruptcy trustee for MF Global’s North American brokerage business....
...the trustee 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...
...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...
...In a two-sentence statement the trustee, James Giddens, said there are claims he “may assert against certain responsible individuals” at MF Global and its holding company “for, among other things, breach...
...The dispute adds a further layer of complexity to a series of disputes between KPMG and James Giddens, trustee of the US business....
...“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....
...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....
...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....
...There is a shortfall of at least $1.6bn between claims on MF Global and its current assets, according to James Giddens, the trustee charged with liquidating the company’s brokerage business....
...MF Global trustee to join suits against executives: James Giddens, the bankruptcy trustee trying to recover money for US customers of failed brokerage MF Global agreed to cooperate with lawyers suing the...
...Most customers have received 72 per cent of the money from their accounts from James Giddens, the bankruptcy trustee....
...to the efforts made by James Giddens to recoup the missing funds....
...Two weeks after the bankruptcy of MF Global, some 33,000 customers still do not have access to their cash as the office of the trustee handling the liquidation continues to be unable to identify the location...
...Peregrine’s collapse – the company filed for liquidation on Tuesday – has shed a harsh light on the supervision of the US futures industry that is still reeling from the demise of MF Global....
...James Kobak, the lawyer working for trustee James Giddens, said the exact size of the shortfall will not be known until customers have filed claims seeking their money back....
...Giddens, the trustee....
...He will join James Giddens, the trustee in charge of MF’s broker-dealer unit, and a handful of regulators as witnesses, says Reuters....
...The trustee overseeing the liquidation of MF’s brokerage moved to deflect mounting pressure to give back more of that collateral while the search continues for some $600m of missing customer funds, saying...
...James Giddens, trustee of the US broker, argued on Friday that the funds were segregated for US customers who traded on foreign exchanges and should be returned to them from London, where they are currently...
...The main call on funds has come from James Giddens, the trustee of the US business and also MF Global UK’s largest creditor. It is claiming $744m in client balances....
...A spokesman for trustee James Giddens said: “We look forward to seeing the details of the CME proposal and hope it might help us as we develop an expedited claims process”....
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