Welcome to the case administration website for the chapter 11 bankruptcy proceedings of the following MF Global entities:
MF Global Holdings Ltd. (Case No. 11-15059 (MG)),
MF Global Finance USA Inc. (Case No. 11-15058 (MG)),
MF Global Capital LLC (Case No. 11-15808) (MG)),
MF Global Market Services LLC (Case No. 11-15809 (MG))
MF Global FX Clear LLC (Case No. 11-15810 (MG)) and
MF Global Holdings USA Inc. (Case No. 12-10863 (MG))
If you have questions related to the MF Global Litigation Trust created pursuant to the Second Amended and Restated Joint Plan of Liquidation Pursuant to Chapter 11 of the Bankruptcy Code for MF Global Holdings Ltd., MF Global Finance USA Inc., MF Global Capital LLC, MF Global FX Clear LLC, MF Global Market Services LLC, and MF Global Holdings USA Inc., information can be found here.
Notice of Anticipated Settlement of Estates' MDL Claims
On December 24, 2015, the Debtors filed the Notice of Settlement in Principle Among MF Global Assigned Assets LLC, MF Global Holdings Ltd., the Trustee of the Litigation Trust, the Customer Representatives, Sapere C.T.A. Fund, and the Individual Defendants. Click Here to view the notice.
Motion Pursuant to Rule 9019 for Approval of a Global Settlement
On July 20, 2016, the Debtors filed the Motion Pursuant to Rule 9019 of The Federal Rules of Bankruptcy Procedure for Entry of an Order Approving the Settlement Agreement Among the Plan Administrator, the Trustee of the Litigation Trust, Individual Defendants, Sapere CTA Fund, L.P., and the Customer Representatives. Click Here to view the motion.
Important Dates
On October 31, 2011, MF Global Holdings Ltd. and MF Global Finance USA Inc. (the “Initial Debtors”) filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code (the "Chapter 11 Cases") in the United States Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court").
On November 7, 2011, the United States Trustee (the “U.S. Trustee”) appointed the statutory creditors’ committee (the “Statutory Creditors’ Committee”) in the Initial Debtors’ cases. The Statutory Creditor’s Committee and the Initial Debtors, on November 21, 2011, jointly moved the Court for an order directing the U.S. Trustee to appoint a chapter 11 trustee, which the Bankruptcy Court entered on November 22, 2011. On November 28, 2011, the Bankruptcy Court entered the Order Approving the Appointment of Chapter 11 Trustee, pursuant to which Louis J. Freeh, Esq was appointed the Chapter 11 trustee (the “Trustee) of the Initial Debtors.
On December 19, 2011, MF Global Capital LLC, MF Global Market Services LLC and MF Global FX Clear LLC (the “New Debtors” and together with the Initial Debtors, the “Debtors”) filed voluntary petitions for relief in the Bankruptcy Court. On December 27, 2011, the Bankruptcy Court entered an order approving the appointment of the Trustee as Chapter 11 Trustee of the New Debtors.
On March 2, 2012, MF Global Holdings USA Inc. (the “New Debtor” and together with the Initial Debtors, the “Debtors”) filed a voluntary petition for relief in the Bankruptcy Court. On December 27, 2011, the Bankruptcy Court entered an order approving the appointment of the Trustee as Chapter 11 Trustee of the New Debtors.
On June 28, 2012, the Bankruptcy Court entered an order establishing August 22, 2012 at 5:00 p.m. (Prevailing Eastern Time) as the last date and time for each person or entity (including, without limitation, individuals, partnerships, corporations, joint ventures, estates and trusts), other than any governmental units (as defined in section 101(27) of the Bankruptcy Code) (“Governmental Units”), to file a proof of claim against MF Global Holdings Ltd., MF Global Finance USA, Inc., MF Global Capital LLC, MF Global FX Clear LLC, MF Global Market Services LLC and/or MF Global Holdings USA Inc. Solely as to Governmental Units, the Bar Date Order established August 29, 2012 at 5:00 p.m. (Prevailing Eastern Time) as the last date and time for each such Governmental Unit to file a proof of claim against the Debtors.
On February 15, 2013, the Bankruptcy Court entered an Order granting the Chapter 11 Trustee’s motion to establish the Administrative Bar Date as March 15, 2013 at 4:00 p.m. (Prevailing Eastern Time) as the last date and time for each person or entity (including, without limitation, individuals, partnerships, corporations, joint ventures, estates and trusts), to file an Administrative proof of claim against MF Global Holdings Ltd., MF Global Finance USA, Inc., MF Global Capital LLC, MF Global FX Clear LLC, MF Global Market Services LLC and/or MF Global Holdings USA Inc.
On April 5, 2013, the Court entered an Order confirming the Amended and Restated Joint Plan of Liquidation Pursuant to Chapter 11 of the Bankruptcy Code for MF Global Holdings Ltd., MF Global Finance USA Inc., MF Global Capital LLC, MF Global FX Clear LLC, MF Global Market Services LLC, and MF Global Holdings USA Inc.
On May 2, 2013, the Bankruptcy Court entered an Order approving Nonmaterial Modifications to the Amended and Restated Joint Plan of Liquidation Pursuant to Chapter 11 of the Bankruptcy Code for MF Global Holdings Ltd., MF Global Finance USA Inc., MF Global Capital LLC, MF Global FX Clear LLC, MF Global Market Services LLC, and MF Global Holdings USA Inc. pursuant to Section 1127(b) of the Bankruptcy Code.
On June 4, 2013, the Second Amended and Restated Joint Plan of Liquidation pursuant to the Bankruptcy Code for MF Global Holdings Ltd., MF Global Finance USA Inc., MF Global Capital LLC, MF Global FX Clear LLC, MF Global Market Services LLC, and MF Global Holdings USA Inc. became effective upon the satisfaction or waiver of certain conditions precedent. As of June 4, 2013, the Chapter 11 Trustee concluded his services and MF Global Holdings Ltd. became the Plan Administrator for all Debtors.
The Debtors are jointly administered under Case number 11-15059 (MG). The Chapter 11 Cases have been assigned to the Honorable Martin Glenn.
Please continue to visit this website from time to time for updates on these Chapter 11 Cases. Please note that neither the Clerk of the Bankruptcy Court nor Garden City Group, LLC, the claims and noticing agent, is permitted to give legal advice.