Bankruptcy

Court approves MF Global client payout Fallback Image Decorative pattern

Industry

Court approves MF Global client payout

Just in time for Black Friday, there’s good news for clients of bankrupt MF Global Canada; the Ontario Superior Court of Justice has granted an order that allows the bankruptcy trustees to start cutting cheques.

By Staff |November 25, 2011

1 min read

MF Global client positions closed out Fallback Image Decorative pattern

Industry

MF Global client positions closed out

Canadian Derivatives Clearing Corporation has completed the transfer and closure of all remaining open positions in MF Global Canada client accounts.

By Staff |November 22, 2011

1 min read

MF Global Canada in bankruptcy Fallback Image Decorative pattern

Industry

MF Global Canada in bankruptcy

The Canadian Investor Protection Fund and IIROC have obtained a bankruptcy order in Canada for MF Global Canada Co., with KPMG Inc. appointed trustee in bankruptcy.

By Staff |November 7, 2011

2 min read

Court urges closure of bankruptcy loophole Fallback Image Decorative pattern

Industry

Court urges closure of bankruptcy loophole

The Supreme Court of Canada has ruled a Manitoba man does not have to pay his ex-wife an equalization payment on their marital home because he filed for bankruptcy. The Court acknowledged the unfairness of the ruling in Schreyer v. Schreyer, which occurred due to the cross-purposes of bankruptcy and family law. Since an equalization […]

By Melissa Shin |July 15, 2011

3 min read