Corzine, MF Global Managers Appeal Customer Payout Ruling

Law360, New York (November 20, 2013, 5:02 PM EST) -- Jon Corzine and other ex-managers of bankrupt MF Global Inc. on Tuesday appealed a New York bankruptcy court’s ruling in favor of the 100 percent repayment of the firm’s commodities customers, saying they don’t object to the repayment but to the trustee’s rights under the order.

Corzine, along with former MFGI managers Bradley Abelow, David Dunne, Laurie Ferber, Vinay Mahajan, Edith O’Brien, Christine Serwinski and Henri Steenkamp, filed a joint notice to appeal U.S. Bankruptcy Judge Martin Glenn’s Nov. 5 ruling authorizing Securities Investment Protection Act...
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