FARM BUSINESS NEWS
Corzine Appeal Could Hold Up Repayments
Wed Nov 20, 2013 02:27 PM CST

(Dow Jones) -- Lawyers for onetime MF Global Inc. Chief Executive Jon Corzine and his former top lieutenants are appealing a recent bankruptcy-court decision calling for the full repayment to the failed brokerage's customers, a move that a bankruptcy trustee said could delay his bid to pay back all of the money owed to the firm's U.S. and overseas commodity customers.

A representative for James Giddens, the official who is unwinding MF Global's brokerage, said the trustee is prepared to use "his best efforts" to bring those customer distributions up to 100% "but may now be blocked by a meritless ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
Minding Ag's Business
Senior Partners - 3
Ag Interest Rate Snapshot
Minding Ag's Business
Rates Too Low Too Long
Minding Ag's Business
Minding Ag's Business