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    MF Global clients bash fat fees, seek quick wind-down

    Thu, 05/17/2012 - 19:26 EDT - Yahoo! Business News
    • YahooBizNews

    (Reuters) - The legal team winding down MF Global's bankruptcy estate, led by former FBI director Louis Freeh, has racked up nearly $25 million in estimated fees since its November 25 appointment. Now a customer group is planning to ask that the case be streamlined so that Freeh and his team receive less and customers receive more. On Friday, a coalition of former MF Global customers plans to argue in U.S. Bankruptcy Court in Manhattan that the Chapter 11 liquidation of the MF parent entity should be converted to a so-called Chapter 7, coalition leader James Koutoulas said on Wednesday. ...

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    • MF Global clients bash fat fees, seek quick wind-down

      (Reuters) - The legal team winding down MF Global's bankruptcy estate, led by former FBI director Louis Freeh, estimates the fees charged by the team and other professionals have reached nearly $25 million since the bankruptcy was filed in October. Now a customer group is planning to ask that the case be streamlined so that those professionals -- especially Freeh -- receive less and customers receive more. On Friday, a coalition of former MF Global customers plans to argue in U.S. ...

    • MF Global clients bash fat fees, seek quick wind-down

      (Reuters) - The legal team winding down MF Global's bankruptcy estate, led by former FBI director Louis Freeh, has racked up nearly $25 million in estimated fees since its November 25 appointment.

    • MF Global clients bash fat fees, seek quick wind-down

      The legal team winding down MF Global's bankruptcy estate, led by former FBI director Louis Freeh, has racked up nearly $25 million in estimated fees since its November 25 appointment. Now a customer group ...

    • MF Global clients bash fat fees, seek quick wind-down

      (Reuters) - The legal team winding down MF Global's bankruptcy estate, led by former FBI director Louis Freeh, estimates the fees charged by the team and other professionals have reached nearly $25 million since the bankruptcy was filed in October.

    • MF Global clients bash fat fees, seek quick wind-down

      The legal team winding down MF Global's bankruptcy estate, led by former FBI director Louis Freeh, estimates the fees charged by the team and other professionals have reached nearly $25 million since the ...

    • MF Global corporate trustee sees all customer funds returning

      (Reut

    • MF Global customers seek to streamline liquidation

      (Reuters) - The primary advocate group for former MF Global customers is undertaking an effort to convert the commodities broker's bankruptcy status to one that allows a more streamlined liquidation process, saying it would preserve more potential payback for customers. The Commodity Customer Coalition, which represents thousands of customers of the fallen broker, told Reuters on Friday it wants to ask the U.S. Bankruptcy Court to handle the case under Chapter 7 of the bankruptcy code, designed specifically for liquidation of assets. ...

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