NEW YORK, (Reuters) – MF Global Holdings revealed new details about its proposed bankruptcy plan in court papers filed on Friday. Initial members of a director selection committee led by representatives of its hedge fund creditors have been selected. They will select board members for the company as it liquidates. The initial members are Andrew Shannahan, of Knighthead Capital LLC; Joe Kronsberg, of Cyrus Capital Partners; and Austin Saypool, of Silver Point Capital, according to one of the filings on Friday. More on Reuters here.
