MF Global Holdings, Ltd. (fka MFGLQ)

[mrfence]

Corzine's posture relied on PWC guidance. The Judge's priority is to preserve the courts resources when possible by avoiding harsh decisions leading to appeals using more of the courts resources having no concern about how much Lawyers make. PWC, and MF-Global now weight the risk/reward of full trial. MF Global has nothing to lose moving forward while PWC has a future to consider so a loss in court would be greater than any monetary judgement. The real question is how much $$$ can PWC free up for settlement within 2 weeks time, and will it be enough to satisfy council objectives for the MF Global estate IMO