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Corzine, other MF Global execs, reach settlement with litigation trustee

Jul 25, 2016 - The Deal Pipeline

Former New Jersey Gov. Jon Corzine--along with several of his colleagues at failed commodities brokerage house MF Global Holdings Ltd.--have reached a settlement that resolves costly litigation incurred by the company's downfall.

MF Global and litigation trustee Nader Tavakoli on Wednesday, July 20, filed a motion in the U.S. Bankruptcy Court for the Southern District of New York in Manhattan seeking approval of a settlement that would provide MF Global's creditors with an estimated total ...