SPCP Group, Blue Angel Claims buy $9.98 million of claims against Refco

By Jennifer Lanning Drey

Eugene, Ore., July 25 - SPCP Group LLC and Blue Angel Claims LLC bought a total of $9.98 million of claims against Refco Inc., according to Monday filings with the U.S. Bankruptcy Court for the Southern District of New York.

SPCP bought Swix Currency Fund, Ltd.'s $2.47 million claim against the company.

Blue Angel bought Bear Stearns Investment Products Inc.'s $7.51 million claim against Refco.

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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