Tibbetts Keating & Butler, LLC a New York and Connecticut based law firm is now representing clients in the matter of MF Global's bankruptcy and the improper seizure of clients' segregated funds.
For more information regarding the bankruptcy of MF Global and Jon Corzine please contact us at .(JavaScript must be enabled to view this email address).
"It's not just a few individual floor brokers. I'm getting calls and representing people all across the country. This is not just about brokers and millionaires. There are mom and pops who invested in the commodities."
Butler on Corzine Resignation, Legal Action
Source - Bloomberg Nov 4th 2011
Latest News
January 18, 2012 : 8:44 AM ET
MF Global Said to Have Told JPMorgan Transfer Was Proper
JPMorgan Chase & Co., a lender to bankrupt MF Global Holdings Ltd., was given verbal assurance that a transfer of segregated customer money to pay an overdraft followed the rules governing treatment of customers’ money, according to a person familiar with the transaction.
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January 12, 2012 : 8:36 AM ET
MF Global customers meeting with trustee on claims
Customers of MF Global Inc., the brokerage firm led by Jon Corzine that imploded into bankruptcy, are meeting publicly with the court-appointed official overseeing the unwinding of the firm and customers' claims to money.
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November 28, 2011 : 5:00 PM ET
In Commodities World, Safe and Secure Sometimes Isn’t
The regulators attribute some of the delay in returning clients’ money to what the court-appointed trustee has described as sloppy bookkeeping at MF Global, which has made it difficult to find what is left and where it is. But lawyers representing clients who have lost access to their money do not accept this argument. They say that segregated accounts are sacrosanct and that the money in them should have been immediately returned to their clients.
“It hasn’t worked out well for anyone yet, even the people who had positions move over early on,” said Timothy Butler, a partner at Tibbetts Keating & Butler in Darien, Conn., who represents 10 clients with accounts ranging from $6,000 to several million dollars. “I had one person who got no margin transferred and was virtually wiped out. He had a $250,000 gold position, and he only got back $50,000 after it was liquidated.”
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Lead Attorneys
Timothy F. Butler
Timothy F. Butler is a managing partner at Tibbetts, Keating & Butler LLC. Mr. Butler’s practice areas include litigation and corporate law.
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Thomas A. Butler
Mr. Butler, who has practiced law for over 25 years, is the founder of the law firm of Butler, Fitzgerald, Fiveson & Mc Carthy.
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Mario D. Cometti
Mario D. Cometti is of counsel to the firm of Tibbetts, Keating & Butler, LLC as a litigation specialist. For over two decades he has been involved in extensive trial work and appellate practice.
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More Information
SIPA Liquidation of MF Global, Inc., James W. Giddens, TrusteeU.S. Bankruptcy Court, Southern District of New York
U.S. Commodity Futures Trading Commission (CFTC)
Securities Investor Protection Corporation (SIPC)
Chicago Mercantile Exchange (CME)
International Commodities Exchange (ICE)
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