News

RCT settles $36 million fraudulent transfer case against Barclays

In December 2015, the Grand Court of the Cayman Islands approved a confidential settlement between ICP Strategic Credit Income Master Fund, Ltd. and Barclays Bank PLC in connection with a $36 million fraudulent transfer action filed by RCT on behalf of the ICP Funds against Barclays in New York bankruptcy court.

Prior results do not guarantee a similar outcome.