Skip to main content

MF Global Seeks Deadline to Repay Hard-to-Locate Customers

Submitted by Anonymous (not verified) on

The trustee unwinding MF Global Inc. wants to establish procedures to pay back more than $10 million to about 1,400 former customers, the only ones yet to be fully repaid, Dow Jones Daily Bankruptcy Review reported today. In a Wednesday filing with U.S. Bankruptcy Court in Manhattan, lawyers for trustee James W. Giddens said that some customers at issue haven't returned the necessary forms. In other cases, checks sent either were returned as undeliverable or expired without being cashed.