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Court Approves $17 Million in MF Global Trustee Fees

Reuters – A bankruptcy judge on Wednesday [July 11] green-lighted about $17 million in fees for the law firm that employs James Giddens, the trustee working to recover money for former customers of MF Global’s broker-dealer unit.

Judge Martin Glenn granted Hughes Hubbard & Reed LLP’s fee request at a hearing in U.S. Bankruptcy Court in Manhattan. The fees cover the period from Mr. Giddens’ appointment on Oct. 31, 2011, through Feb. 29. Fees incurred since then have not been submitted to the court.

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