MF Global Trustees Get WARN Act Case Shut Down

Law360, New York (October 23, 2012, 5:51 PM EDT) -- A New York bankruptcy judge on Tuesday granted requests by the trustees for MF Global Holdings Ltd. and its broker-dealer unit MF Global Inc. that he dismiss a Worker Adjustment and Retraining Notification class action filed against the bankruptcy estates.

U.S. Bankruptcy Judge Martin Glenn granted a motion to dismiss filed by James W. Giddens — the trustee appointed under the Securities Investor Protection Act to liquidate MFGI — with prejudice, and a similar motion filed by MFGH Chapter 11 trustee Louis J. Freeh without prejudice...
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