MF Global Holdings Ltd. (MFGLQ) trustee Louis J. Freeh is seeking a jury trial for a lawsuit blaming former Chief Executive Officer Jon Corzine for the firm’s collapse. Freeh made the request May 3 in U.S. Bankruptcy Court in Manhattan. Bankruptcy courts don’t hold trials by jury, and the case would need to go to a district court if Freeh’s demand for a jury is granted. “Many people don’t like banks; many, many people don’t like investment firms,” Michael Weinstein, chairman of Cole, Schotz, Meisel, Forman & Leonard PA’s white-collar practice in Hackensack, New Jersey, said today in a telephone interview. “By going to the jury, one could argue that the trustee is playing into those ideas,” More on Bloomberg here.
