Judge suspends Rogers funds' suit vs. Refco

Dec 12, 2005 | 02:20 PM | Sean Barry

The judge overseeing the bankruptcy proceedings of Refco Inc. has put the brakes on legal action against the New York-based brokerage by two commodities funds backed by Jim Rogers, a fund entrepreneur.

Judge Robert D. Drain said Refco and the Rogers funds should discuss the possibility of a summary judgment or settlement, since other proceedings could push the funds in with other creditors of the company.....

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