Gerard Sillam, described in a statement by his lawyer as a "French business contributor," has backed away from claims made on 14 July that he had an outstanding $1.02b lawsuit against Refco Group lodged with New York's Supreme Court.
However, a statement from Sillam's lawyer issued on 20 July repeated the allegation that lawsuits brought by Sillam had been outstanding against Refco, in both the US and France,...