Wednesday, July 11, 2007

Refco examiner faults lawyers, auditors in collapse

(Reuters) - The examiner also said the law firm Weil, Gotshal & Manges
LLP could be sued for failing to use appropriate care in its
representation of Refco, though this was also a close call.




Hochberg filed his report with the U.S. bankruptcy court in
Manhattan. His recommendations could provide grounds for
lawsuits by Refco creditors, many of whom received only a
fraction of the amounts they claimed they were owed.


Read more at Reuters.com Bonds News

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