MF Global Holdings, Ltd. (fka MFGLQ)

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Highlights:

MF Global Holdings Ltd. has struck a deal with J.P. Morgan Chase & Co. that calls for the bank to pay MF Global a portion of what the bank recovers in the case, a settlement that MF Global's administrator says avoids "years of costly and complex litigation."

If the recovery ends up being less than $10 million, the MF Global holding company will get 10% of that first $10 million or less. The percentage goes up for every $10 million J.P. Morgan recovers, and if it ends up over $50 million, MF Global Holdings will get all of the excess cash above the $50 million threshold.