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JPMorgan Chase buys $34.22 million in claims against Refco
By Caroline Salls
Pittsburgh, Sept. 20 - JPMorgan Chase Bank, NA bought $34.22 million in claims against Refco Capital Markets, Ltd., according to Tuesday filings with the U.S. Bankruptcy Court for the Southern District of New York.
JPMorgan bought a $19.22 million claim from Banco Cuscatlan de El Salvador, SA and a $15 million claim from Fimex International Ltd.
Refco, a New York-based commodities brokerage company, filed for bankruptcy on Oct. 17, 2005. Its Chapter 11 case number is 05-60006.
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