Refco's Patent Fight With Trading Technologies Settled

Law360, New York (December 1, 2005, 12:00 AM EST) -- Settling two contentious patent lawsuits, Trading Technologies International Inc. penned an agreement with British brokerage firm Man Group PLC and its U.S. subsidiary Man Financial Inc. that are set to buy up remnants of defunct Refco.

Chicago-based Trading Technologies sued Man in April for allegedly infringing its trading software. It also sued three units of commodities broker Refco LLC, which is set to be purchased by Man after an auction that had triggered a bankruptcy interference by Trading Technologies’ counsel.

"Man has been a longtime customer...
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