Ambac Assurance News
-
Stockton, California, the biggest U.S. city to file for bankruptcy, intends to restart talks with creditors while it develops a plan to adjust debt and exit court protection by year’s end.
-
Ambac Financial Group Inc., the bankrupt holding company for a failed bond insurer, will seek court approval of a settlement with the Internal Revenue Service that paves the way to finalize its bankruptcy.
-
Ambac Financial Group Inc. ended a lawsuit against Credit Suisse Group AG over claims it was misled in purchases of mortgage-backed securities, according to a court filing.
-
Ambac Assurance Corp. sued JPMorgan Chase & Co., accusing the company’s EMC Mortgage and Bear Stearns units of fraud and breach of contract over the sale of mortgage-backed securities.
-
Ambac Financial Group Inc., the bankrupt holding company for a failed bond insurer, filed a new plan to restructure more than $1.25 billion in senior notes after a proposed settlement with the Internal Revenue Service.
-
Wisconsin Insurance Commissioner Sean Dilweg is seeking a state judge’s approval of a plan to “rehabilitate” a $50 billion Ambac Assurance Corp. portfolio of policies to insure bonds and mortgage-backed securities.
-
The city of Stockton, California, due in bankruptcy court today to face creditors, settled a dispute with Ambac Assurance Corp. by capping payments on $21.6 million in debt, officials said in a statement.
-
A plan to pay some Ambac Assurance Corp. policy holders 25 percent of their claims now and the balance with interest in nine years has been approved by a Wisconsin state court judge.
-
A plan to pay some Ambac Assurance Corp. policy holders 25 percent of their claims now and the balance with interest in nine years was approved by a Wisconsin state court judge.
-
The $3.7 trillion municipal market is proving an oasis for Wall Street job hunters as the dwindling role of bond insurance and yields at four-decade lows fuel demand for analysis of the 89,000 U.S. local governments.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page