Even while accusing Jon S. Corzine and other former MF Global executives of “negligent conduct” that may have fueled the brokerage firm’s collapse, a bankruptcy trustee has agreed to postpone a lawsuit against them. Instead, Mr. Corzine’s lawyers will enter mediation next week with the trustee, Louis J. Freeh, according to people briefed on the talks who were not authorized to speak publicly. The development is an encouraging sign for Mr. Corzine, a former senator and New Jersey governor who underwent a humbling ouster when MF Global collapsed in October 2011. Lawyers for Mr. Corzine are also in negotiations with another MF Global trustee and some of the firm’s investors who filed a separate suit against him in 2011, the people briefed on the talks said. More in the New York Times here.
