Deals
MF Global, Bloxham, Saab, Weavering Capital, Rangers: Bankruptcy
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A bid by MF Global Holdings Ltd.’s brokerage unit bankruptcy trustee to recover about $700 million in disputed assets will be determined in a London trial set for April 2013, according to a statement today from his office.
“It is crucial that this intellectual dispute over how property was or should have been handled be urgently resolved” so customers can get the money they’re owed, James Giddens, trustee for the liquidation of New York-based MF Global Inc., said in an e-mailed statement after a scheduling hearing.