Lehman Ch. 11 Could Provide Roadmap For MF Global

Law360, New York (November 1, 2011, 9:21 PM EDT) -- While MF Global Holdings Ltd.'s bankruptcy filing Monday in the shadow of financial fraud allegations might resemble a "mini-Lehman" at first glance, the Lehman Brothers Holdings Inc. case could provide a roadmap that will streamline MF Global's restructuring, experts say.

MF Global filed for bankruptcy after revealing it had lost nearly $192 million in the last quarter and had $6.3 billion in exposure to potentially risky European sovereign debt. On the same day of the filing, the U.S. Securities and Exchange Commission and the U.S. Commodity...
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