The trustee overseeing the liquidation of MF Global's failed futures brokerage said he expects the more than 28,000 customer claims that have been filed to be fully resolved within the next few months, Reuters reported yesterday. However, further distributions to those customers will hinge largely on the outcome of pending claims against the failed brokerage by its parent company, MF Global Holdings Ltd , and its British affiliate, according to the progress report from trustee James Giddens. According to the report, more than 27,000 claims were filed by commodities customers. Of those, 26,610 were allowed - meaning that they have been deemed valid by the trustee -representing a value of approximately $6.7 billion.
