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TT files late objection to Refco sale


It has emerged that ISV Trading Technologies (TT) filed a legal objection to last week's auction of the remaining non-bankrupt parts of Refco on the grounds that transferal of the latter's technology could interfere with the ongoing patent court case brought against the firm by TT.

According to documents obtained by FO Week, TT was unhappy with the sale if Refco's intellectual property - including elements...

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