Trace Schmeltz, a partner in Barnes & Thornburg LLP's Chicago office, has been quoted and the firm mentioned in several articles highlighting the recent legal troubles of MF Global, a bankrupt brokerage firm accused of borrowing cash from customers without telling them or backing the loans. Trace represents Commodity Customer Coalition members who are seeking to recoup their funds through the New York bankruptcy court, as well as several other commodity investors with individualized interests in the MF Global estate. The articles can be accessed for a brief period of time by clicking on the following links:
- Forbes - "MF Global Commingled $200 Million From Customers for Itself and Other Clients" Dec. 5, 2011
- Financial Times - "New rules aim to limit commodities speculation" Dec. 4, 2011
- CNN Money/Fortune Magazine – “The boy wonder of the MF Global nightmare” Dec. 2, 2011
- Futures Magazine – “Trustee to increase distribution; questions persist, ” Nov. 29, 2011
- Forbes – “$1.7 Billion Customers' Money Missing From MF Global,” Nov. 22, 2011
- Futures Magazine – “Double Trouble for former MFGI customers,” Nov. 22, 2011
- Futures Magazine – “CCC reacts to MFGI trustee’s moving target on shortfall,” Nov. 22 201
- CNN’s The Situation Room with Wolf Blitzer – “MF Global Losses Possibly Larger than First Suspected” (transcript) – Nov. 21, 2011
- Law360 – “CFTC Struggles To Gain Foothold Amid MF Global Meltdown,” Nov. 17, 2011