Between $500 million and $600 million will be returned to the MF Global Inc. estate under an agreement between James W. Giddens, trustee for the Securities Investor Protection Act liquidation of the company, and Richard Heis, a joint administrator of MF Global UK Ltd. The funds would be enough to fully satisfy investor claims.

Separately, Giddens and the Chapter 11 Trustee for MF Global Holdings Ltd., Louis J. Freeh, said that they will resolve all claims between their respective estates.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.