Judge says no priority to commodity customers. Snippet from article below and link attached.
A federal bankruptcy judge Wednesday rejected a bid by commodities customers of MF Global Inc. for special priority status over other creditors in the Chapter 11 case of its parent company, MF Global Holdings Ltd.
Judge Martin Glenn of the U.S. Bankruptcy Court in New York rejected an attempt by investment firm Sapere Wealth Management LLC and other commodities customers with segregated accounts to be moved ahead of other creditors.