Corzine, Ex-MF Global Execs Renew $10M Defense Request

Law360, New York (October 7, 2013, 4:31 PM EDT) -- Ex-MF Global Inc. chief Jon Corzine and about 25 other former executives on Friday asked a New York bankruptcy judge to reconsider his denial of their request for an extra $10 million in insurance funds to pay for legal costs related to the brokerage’s downfall.

Though U.S. Bankruptcy Judge Martin Glenn left room for the ex-MF Global officials to make another bid for the money after the Second Circuit rules on a related matter, they argued that they don’t have time to wait and that they...
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.