With former federal judge and FBI director Louis Freeh and Hughes Hubbard & Reed corporate reorganization cochair James Giddens set in their roles as trustees for bankrupt MF Global Holdings, several Am Law 100 and international firms are angling to help unwind the defunct derivatives broker.
Freeh was appointed trustee for MF Global’s New York-based parent in November in a role that has him managing the company’s Chapter 11 case in U.S. bankruptcy court in Manhattan. At the time, MF Global’s bankruptcy lawyers at Skadden, Arps, Slate, Meagher & Flom said they intended to pass the outside counsel baton in the case to lawyers brought in by Freeh, a founder and senior managing partner of both his own risk consulting firm, Freeh Group International Solutions (FGIS), and law firm Freeh Sporkin & Sullivan.
