Refco Trustee Bids For Broader Objection Rights

Law360, New York (August 14, 2006, 12:00 AM EDT) -- Just days after a federal bankruptcy judge allowed a split in Refco Inc.’s creditors committee, the acting U.S. Trustee in the case is moving to retain her right to object to fees paid to an investment bank employed by the official committee of unsecured creditors.

U.S. Trustee Diana G. Adams said in court documents filed late last week that she should be allowed to object to payments made to Houlihan Lokey Howard & Zukin, which is putting together the “commonly supported view of the financial facts”...
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