MF Global Parent Accrues $28.4 Million in Professional Fees
Stock Chart for MF Global Holdings Ltd (MFGLQ)
MF Global Holdings Ltd. (MFGLQ), the bankrupt parent of the brokerage, accrued $28.4 million in professional fees through May 31, including $13.4 million charged by trustee Louis Freeh and his firm, according to a U.S. Bankruptcy Court filing in Manhattan.
The company had $18.9 million in funds available from JPMorgan Chase & Co. (JPM) on April 30, and spent a total of $1.6 million in May from that and other sources, it said in the June 15 filing.
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