Refco Whittles Away At Remaining Claims
Judge Robert Drain of the Manhattan bankruptcy court handed down his order Friday, allowing the debtors to expunge 13 claims totaling almost $1 million because, he said, they were inconsistent with Refco's books. He also expunged four claims, totaling more than $46,000, that he found were duplicates of ones that had already been paid.
Drain also effectively...
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