MF Global creditors set for earlier, fuller payment after agreement on disputed assets

MF Global UK creditors are set to receive an earlier, fuller repayment of assets from special administrator KPMG, after it settled a dispute with MF Global Inc, the US parent company, over assets held in the UK estate.

In the near term, secured creditors to the UK subsidiary may receive up to 60% of monies owed, while the settlement clears the way for the eventual return of up...

Published

Mark Burton

December 28, 2012

16:45 GMT

London