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Re: None

Thursday, 08/21/2014 9:39:42 AM

Thursday, August 21, 2014 9:39:42 AM

Post# of 386
Looks like a settlement with Barclays just popped up:

http://dm.epiq11.com/TMI/Document/GetDocument/2513318

The Proposed Settlement
19. Subject to the terms and conditions of the Settlement Agreement, Barclays has agreed to pay the Trustee Twenty-Three Million Dollars ($23,000,000.00) in full and final satisfaction of any and all claims, demands, obligations, liabilities, and causes of action of whatsoever kind and nature asserted in, which could have been asserted in, arising out of or related to the allegations set forth in the Complaint and/or the District Court Action, including, but not limited to, claims arising out of or related to any repo transactions entered into between Barclays or any of its affiliates and any of the Debtor Releasing Parties (as defined in the Settlement Agreement), margin calls in respect of such transactions, and the liquidation of collateral posted by the Debtor Releasing Parties in respect of such transactions.


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