Macdonald | Fernandez LLP

MACDONALD | FERNANDEZ LLP


221 Sansome Street
San Francisco, CA 94104
Telephone: (415) 362-0449
Facsimile: (415) 394-5544
914 Thirteenth Street
Modesto, CA 95354
Telephone: (209)549-7949
Facsimile: (209) 236-0172

Thursday, June 6, 2013

MF Global Creditors Could Receive 94% Recovery

MF Global Inc.’s former customers may receive more than 94 cents on the dollar, an outstanding return in a bankruptcy liquidation.  Most have already recovered 89 percent of their claims. The additional recoveries depend in part upon finalizing settlements with MF Global’s U.K. office and JPMorgan Chase.  Litigation against officers and directors, including Jon Corzine, will also affect the size and timing of the distribution. http://tinyurl.com/llcmows

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