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Abadi buys $7.85 million claim against Refco Capital Markets
By Caroline Salls
Pittsburgh, May 9 - Abadi & Co. Securities bought Unovalores Ltd.'s $7.85 million claim against Refco, Inc. debtor Refco Capital Markets, Ltd., according to a Monday filing with the U.S. Bankruptcy Court for the Southern District of New York.
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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