{"id":34160,"date":"2013-02-28T03:03:56","date_gmt":"2013-02-28T08:03:56","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=34160"},"modified":"2013-02-28T03:03:56","modified_gmt":"2013-02-28T08:03:56","slug":"j-p-morgan-says-hedge-funds-using-pocket-veto-to-halt-mf-global-suit","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2013\/j-p-morgan-says-hedge-funds-using-pocket-veto-to-halt-mf-global-suit.html","title":{"rendered":"J.P. Morgan Says Hedge Funds Using &#8216;Pocket Veto&#8217; to Halt MF Global Suit"},"content":{"rendered":"<p>Fox News &#8211; J.P. Morgan Chase &amp; Co. (JPM) says a group of hedge funds is trying to use a &#8220;pocket veto&#8221; to derail the bank&#8217;s bid to recover $928 million it lent to MF Global Holdings Ltd. just before the firm&#8217;s 2011 collapse.<\/p>\n<p>In a Tuesday filing with U.S. Bankruptcy Court in Manhattan, J.P. Morgan said the hedge funds, which filed a payback plan that MF Global (MFGLQ) creditors are currently voting on, are attempting to deny creditors of the financing subsidiary information about what their claims should be worth.<\/p>\n<p><a href=\"http:\/\/www.foxbusiness.com\/news\/2013\/02\/27\/jp-morgan-says-hedge-funds-using-pocket-veto-to-halt-mf-global-suit\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fox News &#8211; J.P. Morgan Chase &amp; Co. (JPM) says a group of hedge funds is trying to use a &#8220;pocket veto&#8221; to derail the bank&#8217;s bid to recover $928 million it lent to MF Global Holdings Ltd. just before [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-34160","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=34160"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34160\/revisions"}],"predecessor-version":[{"id":34163,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34160\/revisions\/34163"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=34160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=34160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=34160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}