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Court approves $17 million in MF Global trustee fees
Reuters – A bankruptcy judge on Wednesday green-lighted about $17 million in fees for the law firm that employs James Giddens, the trustee working to recover money for former customers of MF Global’s (MFGLQ.PK) broker-dealer unit. Judge Martin Glenn granted Hughes Hubbard Reed LLP’s fee request at a hearing on Wednesday in U.S. Bankruptcy Court in Manhattan. The fees cover the period from Giddens’ appointment on October 31 through February 29. Fees incurred since then have not been submitted to the court. Read article
Tags: 2nd Great Depression, crime law, financial system
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