MF Global Holdings, Ltd. (fka MFGLQ)

[roiresearch]

This is pretty significant

Under the terms of the Sale and Assumption Agreement:
The Trustee will sell to MFGH certain claims, estate assets, contracts, documents and data, including:
o the Trustee’s claims in the Multidistrict Litigation (MDL) against former officers, directors and other employees of MF Global and other third parties and claims against MFGI’s insurers
o future recoveries from MF Global UK
o any cash remaining in the estate following the completion of the proposed final distribution to general unsecured creditors
o all of the systems and data necessary to continue to litigate
o certain other remaining contingent recoveries

July 24th update:
http://dm.epiq11.com/MFG/Project#