ConocoPhillips Fights $205M MF Global Clawback Bid

Law360, New York (August 6, 2012, 11:26 PM EDT) -- Houston-based energy company ConocoPhillips Co. on Friday argued that its dispute with MF Global Inc.’s bankruptcy trustee over his treatment of $205 million in letters of credit the company had secured for the now-collapsed brokerage should be moved to federal court because it involves an unusual interpretation of a federal agency rule.

In a motion to withdraw the bankruptcy court reference filed in New York federal court, ConocoPhillips argues that the trustee is wrongly interpreting a rule by the U.S. Commodity Futures Trading Commission to mean...
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Case Information

Case Title

MF Global Inc. et al

Case Number



New York Southern

Nature of Suit

Bankruptcy Withdrawl


Katherine B. Forrest

Date Filed

August 5, 2012

Law Firms


Government Agencies

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