Jon Corzine and other ex-managers of bankrupt MF Global Inc. are appealing a court ruling calling for 100 percent repayment of customers of the failed brokerage, Bloomberg News reported yesterday. A notice of appeal was filed in bankruptcy court on Tuesday by Corzine, the ex-New Jersey governor and onetime Goldman Sachs Group Inc. co-chairman, and by managers targeted in a lawsuit including senior executives Bradley Abelow and Henri Steenkamp. They are challenging a Nov. 5 ruling by Bankruptcy Judge Martin Glenn that would allow all missing customer funds to be returned by the end of the year. MF Global Holdings Ltd., the brokerage’s parent company, filed for bankruptcy on Oct. 31, 2011, after a failed $6.3 billion bet on bonds of some of Europe’s most indebted nations. The company listed assets of $41 billion and debts of $39.7 billion. More than $1.6 billion in customer funds that should have been segregated were missing.
