Don't want ads? Subscribe or login now.

Ambac Ch. 11 Plan OK'd With No Shareholder Recovery

By Lisa Uhlman · March 14, 2012, 7:39 PM EDT

Commending the parties' "herculean efforts," a New York bankruptcy judge on Wednesday confirmed an Ambac Financial Group Inc. Chapter 11 plan that will restructure $1.7 billion in debt, though she expressed...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Order

Case Information

Case Title

Ambac Financial Group, Inc.

Case Number

1:10-bk-15973

Court

New York Southern

Nature of Suit

Date Filed

November 08, 2010

Recent Articles By Lisa

April 19, 2012
FGIC Gets Quick Ch. 11 Exit With Plan Confirmation
April 11, 2012
SAG Demands Coverage For Deal With 'Leave It To Beaver' Star
April 10, 2012
Mortgages Ltd. Officers To Get $3.7M From D&O Insurer
April 10, 2012
La. High Court Clears Way For $105M In Katrina Payments
April 06, 2012
MF Global Clients Sue MFG Over $120M Policy Proceeds
April 05, 2012
Law Firm Loses Coverage Fight In 'Untimely' Malpractice Claim
March 01, 2012
New NY Bankruptcy Chief Chides Attys In St. Vincent Case
February 13, 2012
AMR Seeks OK To Seal $50M Deal With Chartis
January 31, 2012
US Files $92M In Liens In American Airlines Bankruptcy
January 25, 2012
Referee Recommends $2M Attys' Fees For Union In Ace Case