Refco Trustee Files 40 Adversary Complaints

Law360, New York (October 8, 2007, 12:00 AM EDT) -- The trustee for the Refco litigation trust unleashed a flurry of adversary suits Friday, lodging 40 complaints against defendants including Goldman Sachs & Co., FedEx Corp., Sprint Nextel Corp. and New York Stock Exchange Inc., seeking to recover what the complaints label preferential transfers from the debtors to the defendants.

The spate of adversary cases, brought by trustee Marc S. Kirschner, hit the docket of the U.S. Bankruptcy Court in Manhattan on Friday, less than two weeks before the two-year anniversary of Refco Inc.'s bankruptcy filing...
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