We represent about two dozen hedge funds, including international funds, grouped under four management entities -- Elliott, Davidson-Kempner, Appaloosa, and Angelo Gordon -- as plaintiff-holders of Yosemite and Enron Credit-Linked (ECLN) Notes in the Yosemite v. Citibank action in the Enron MDL.  The noteholders asserted fraudulent transfer claims against Citibank and collectively sought in excess of $1.4 billion on those claims.  With Citibank's motion for summary judgment pending, Citibank and Enron agreed to a joint settlement and our clients will receive in excess of $2.1 billion in payments from the Enron bankruptcy estate.