The New York bank will pay $350 million to the bankrupt estate and give up certain contested claims it has filed in the bankruptcy. Enron will allow JPMC's other claims in the bankruptcy and will dismiss or release all claims it has against JPMC.

The Toronto Dominion Bank, Toronto Dominion (Texas) Inc., and TD Securities (USA) LLC will pay Enron $70 million in cash.

The Canadian company also agreed to subordinate $55.6 million in held claims and pay $60 million for the allowance of approximately $320 million in claims transferred by Toronto Dominion to third parties.