Refco’s Creditors Battle Over Firm Retention
Creditors of Refco’s offshore unit, Refco Capital Markets Ltd., are looking to recoup nearly $2 billion in funds transferred to other Refco entities just before Refco’s bankruptcy filing.
But creditors of the other Refco units are worried that RCM’s creditors will leave them with nothing.
The RCM group has begun building teams of professionals, recruiting...
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