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REFCO package

  • #1
  • First Post: Nov 21, 2006 5:06am Nov 21, 2006 5:06am
'have received package in the mail today: Disclosure Statment With Respect to Joint Chapter 11 Plan of REFCO INC. and certain of it's direct and indirect subsidiaries.
'like to start this thread for anybody directly-indirectly involved with REFCO crash to express. Did anybody received the package and what is ur thoughts.
In my case, 'have $2000.00 in the locked account (with FXCM?).on page 133 is recommendation to accept, my choice at this point and time.
tnx.
laco
He who can does-He who cannot teaches George Bernard Shaw
  • #2
  • Nov 21, 2006 9:43am Nov 21, 2006 9:43am
Quoting trendlinesense
'have received package in the mail today: Disclosure Statment With Respect to Joint Chapter 11 Plan of REFCO INC. and certain of it's direct and indirect subsidiaries.
'like to start this thread for anybody directly-indirectly involved with REFCO crash to express. Did anybody received the package and what is ur thoughts.
In my case, 'have $2000.00 in the locked account (with FXCM?).on page 133 is recommendation to accept, my choice at this point and time.
tnx.
laco
Yes, I got it too. Its quite big and bulky, and I have not even read it yet. Not too sure I will either.....so frustrated with the whole thing and I just want my $$ out!!
  • #3
  • Nov 21, 2006 10:05am Nov 21, 2006 10:05am
Quoting baddison
Yes, I got it too. Its quite big and bulky, and I have not even read it yet. Not too sure I will either.....so frustrated with the whole thing and I just want my $$ out!!
Then maybe you should read it.
  • #4
  • Nov 26, 2006 3:04am Nov 26, 2006 3:04am
seems like we're the only 2, with badisson.
how do u understand checking the box of item 3(a),"to contribute its Non-estate refco claims to the private actions trust and to assign (or to cause to be assigned) its allocable share of the class action proceeds from the class actions to the private actions trust.?
He who can does-He who cannot teaches George Bernard Shaw
  • #5
  • Nov 26, 2006 12:41pm Nov 26, 2006 12:41pm
Quoting trendlinesense
seems like we're the only 2, with badisson.
how do u understand checking the box of item 3(a),"to contribute its Non-estate refco claims to the private actions trust and to assign (or to cause to be assigned) its allocable share of the class action proceeds from the class actions to the private actions trust.?
*sigh* ....still reading..."legal-ese"...it's almost like another language...LOL!!
  • #6
  • Last Post: Dec 16, 2006 3:24am Dec 16, 2006 3:24am
Quoting baddison
*sigh* ....still reading..."legal-ese"...it's almost like another language...LOL!!
haven't heard anything of the voting results and wonder if u had, baddison?
also, how is gain capitol-forex.com offer with u? would u consider them as ur broker? If gain capitol is the buyer of refco fx, the old acc. is a new acc. same time? just wander, haven't being in touch with them yet, till the results are in (voting).
tnx.
He who can does-He who cannot teaches George Bernard Shaw
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