MF Global Client Says $50M Account Disappeared

Law360, New York (December 02, 2011, 9:47 PM ET) -- Highridge Futures Fund LP, a former client of insolvent MF Global Inc., on Friday asked a New York bankruptcy judge to force the trustee to locate its $50 million account, which it says is “nowhere to be found.”

Highridge, a registered commodity pool, filed a motion petitioning the judge handling MF Global’s liquidation case to compel James Giddens, the trustee responsible for MF Global's liquidation under the Securities Investor Protection Act, to find the “missing” account and transfer the funds.

The fund said it already attempted...
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