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 of its trading software which are the
subject of the patent case brought by the ISV - was to be part
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