What is the value of the lawsuit against Citigroup?
A judgment will be issued on each of the four issues and each issue has a range of possible values. However, ECRC believes that its claims against Citigroup are worth billions of dollars. In fact, ECRC seeks to eliminate $5 billion in Citigroup claims and seeks the return from Citigroup of over $3 billion in fraudulent transfers (avoidance actions).