NY Judge Won't Reconsider MF Global Coverage Ruling

Law360, New York (March 28, 2011, 9:05 PM EDT) -- A New York state judge refused Friday to reconsider his decision that a $141 million loss created by a MF Global Holdings Ltd. futures trader indicted for wire fraud is eligible for coverage under MF's insurance policy with New Hampshire Insurance Co.

Judge Bernard J. Fried of the Supreme Court of the State of New York, New York County, said there was no reason to modify or vacate his Sept. 28 decision in the matter because the plaintiff offered no new facts that would change the...
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