Mealey’s Bankruptcy – Corzine: SIPA Trustee In MFGI Bankruptcy Not Permitted To Decommission Computers
NEW YORK – Former CEO of bankrupt MF Global Holdings Ltd. (MFGH) Jon S. Corzine, along with other principals in MFGH, on Feb. 4 filed a brief in the U.S. Bankruptcy Court for the Southern District of New York, contending that the trustee in the Securities Investor Protection Act (SIPA) litigation related to MFGH’s affiliate MF Global Inc. should not be permitted to decommission computers because it will interfere with discovery being conducted in related litigation (In Re: MF Global Inc., No. 11-2790, Chapter 11, S.D. N.Y. Bkcy.).