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Published on 3/15/2006 in the Prospect News Distressed Debt Daily.

Refco Capital Markets to be assigned Chapter 11 trustee

By Caroline Salls

Pittsburgh, March 15 - Refco, Inc.'s U.S. Trustee said the U.S. Bankruptcy Court for the Southern District of New York ordered the appointment of a Chapter 11 trustee for the case of Refco Capital Markets, Ltd., according to a Wednesday court filing.

U.S. Trustee Deirdre A. Martini will appoint the Chapter 11 trustee and filed a letter with the court Wednesday that will be sent to interested parties to seek recommendations of qualified candidates for the position.

According to the letter, the deadline for candidate nominations is Friday.

Refco, a New York-based commodities brokerage company, filed for bankruptcy on Oct. 17. Its Chapter 11 case number is 05-60006.


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