9/11 Victim's Estate Appeals Refco Claim Denial

Law360, New York (July 24, 2007, 12:00 AM EDT) -- After having their first claim against Refco Group LLC dismissed in June, representatives of a trader who passed away during the World Trade Center attacks have appealed the bankruptcy court's decision to deny their request for almost $1.5 million in trading profits.

Chi Min “Dennis” Foo was a proprietary trader and member of LFG LLC, a futures commission merchant acquired by Refco in April 2000. The merger of Refco and LFG formed a separate entity called Refco LLC.

Foo had been doing business under an investment...
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