Lawyers for former MF Global Chief Executive Jon S. Corzine are defending his bid to have the failed brokerage's insurers pay for his legal defense, Dow Jones Daily Bankruptcy Review reported today. Corzine's legal team, along with lawyers for 25 other former MF Global executives and directors, are seeking more cash from insurers to pay for their defense costs in connection with lawsuits and government investigations stemming from the firm's 2011 collapse.
