In re MF Global Inc.

Ruling: 
Bankruptcy court lacked authority to appoint official committee of commodity broker customers of debtor.
Procedural posture: 
Movants, certain commodity broker customers of debtor, sought an order authorizing the appointment of an official committee of commodity broker customers and approving compensation of allowed fees and expenses of committee professionals. The trustee appointed under the Securities Investor Protection Act of 1970 (SIPA), 15 U.S.C.S. §§ 78aaa-78lll, opposed the motion.
Issue: 
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Commercial case opionion summary, case decided on November 23,2011, LexisNexis #1211-087