Judge OK’s Rogers Funds Settlement In Refco Case
In documents filed Friday with the U.S. Bankruptcy Court in Manhattan, Judge Robert Drain said a court-appointed Trustee of RCM had negotiated a “fair and reasonable” outcome.
“The Rogers settlement joinder is the product of arm’s-length and good faith negotiations among the parties to that agreement,” Drain said.
Originally, the two investment funds, both of which are affiliated...
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