MF Global Holdings Seeks Use of Cash Collateral in Agreement with JPMorgan

MF Global Holdings Ltd., the bankrupt parent of broker-dealer MF Global Inc., will ask a U.S. bankruptcy judge for permission today to use cash collateral. The bankrupt company told the judge in Manhattan federal court that it has an agreement with JPMorgan Chase & Co. (JPM) regarding the use of cash.

To contact the reporter on this story: Tiffany Kary in New York at tkary@bloomberg.net

To contact the editor responsible for this story: David E. Rovella at drovella@bloomberg.net

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