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2nd Circ. Revives Bid To Reopen PlusFunds Bankruptcy

By Cara Salvatore (January 21, 2015, 10:22 PM EST) -- The Second Circuit on Wednesday gave the trustee of a former Refco client another opportunity to reopen the bankruptcy of hedge fund manager PlusFunds Inc., which entered Chapter 11 soon after Refco collapsed in 2005 amid an accounting scandal, saying the bankruptcy court must give more information about its reasons for denying a motion....

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