MF Global Judge To Consider Creditor Bids For Power

Law360, New York (November 21, 2011, 9:16 PM EST) -- Former commodities customers of MF Global Inc. are slated to argue in New York bankruptcy court Tuesday for the appointment of a committee to represent them in the liquidation of the broker-dealer — a move that the U.S. trustee's office says would be improper.

At issue is whether those customers should be allowed to have a committee appointed to represent them, which they say is critical because liquidating trustee James W. Giddens has more experience liquidating securities brokerages — in particular Lehman Brothers Inc. — than...
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