We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Underwriters Battle Discovery Bid In Refco Case

Law360 (March 10, 2006, 12:00 AM EST) -- The underwriters for Refco Inc. are fighting creditors’ attempts to investigate the lending institutions that backed the company’s public offering just two months before it buckled under massive financial strain.

Back in August 2005, a group of creditors had asked a bankruptcy court to examine the accounting records of eight banks that financed Refco’s $583 million initial public offering. The creditors are also looking for court approval in examining Refco’s leveraged buyout that took place in June 2004.

The eight underwriters filed court papers in the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.