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...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.