MF Global Trustee's Claims Assignment Deal Wins Judge's Nod

Law360, New York (September 5, 2012, 7:21 PM EDT) -- An agreement that will see certain claims on behalf of the MF Global Inc. estate signed over to former customers of the defunct broker-dealer got the all-clear Wednesday after attorneys agreed to make the changes a New York bankruptcy judge requested.

U.S. Bankruptcy Judge Martin Glenn approved the deal, under which MFGI liquidation trustee James Giddens has agreed to cooperate with class action plaintiffs in pending cases and to assign them certain claims. The judge's requested changes will require both bankruptcy court and district court approval...
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