BRIEF-HNA Group reports 25 pct stake in Park Hotels & Resorts
* HNA Group Co Ltd reports 25 percent stake in Park Hotels & Resorts Inc as of March 15, 2017 - SEC filing Source: (http://bit.ly/2oevTFJ) Further company coverage:
NEW YORK, July 3 Customers of MF Global's failed broker-dealer unit and the trustee overseeing its liquidation won court approval on Wednesday for a $546 million settlement with JPMorgan Chase & Co.
The settlement, announced in March, resolved claims levied by James Giddens, the trustee winding down MF's broker-dealer unit MF Global Inc, and by the broker's former customers, who are pursuing a federal class action over MF Global's collapse in 2011.
At a rare joint hearing in Manhattan, U.S. Bankruptcy Judge Martin Glenn, who is overseeing the liquidation, and U.S. District Judge Victor Marrero, who presides over the class action, approved the JPMorgan accord.
* HNA Group Co Ltd reports 25 percent stake in Hilton Worldwide Holdings Inc as of March 15 - SEC filing