MF Global Trustees At Odds Over Claim Assignment Deal

Law360, New York (August 30, 2012, 4:24 PM EDT) -- MF Global Holdings Ltd. trustee Louis Freeh objected on Wednesday to an agreement that would assign another trustee's claims against former MF Global directors and officers to customers and allow customer representatives pursuing putative class actions to access certain related documents.

The proposed agreement would allow MF Global Inc. trustee John W. Giddens and customer representatives who have launched lawsuits over the firm’s downfall to share documents and any recoveries, according to the motion filed earlier this month.

Freeh, as well as former MF Global CEO...
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