Refco Trustee Asks Judge To Reconsider Ruling

Law360, New York (January 24, 2006, 12:00 AM EST) -- Although a judge denied her demand for control of the bankruptcy proceedings for futures broker Refco, U.S. Trustee Deirdre Martini has refused to concede, asking the judge to reconsider her proposal that she take command of the case.

Martini said that the ruling limited her power to appoint an authority to oversee the case.

“One of the fundamental changes wrought by the adoption of the Bankruptcy Code in 1978, and the nationwide expansion of the United States Trustee Program in 1986, was to separate the bankruptcy...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.