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Ambac Settles NYC's $117M Tax Claim For $3.2M

By Lisa Uhlman · September 2, 2011, 1:50 PM EDT

Bankrupt Ambac Financial Group Inc. on Thursday settled for $3.2 million New York City's nearly $117 million tax claim against it, clearing a critical roadblock in the way of the bond...

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Documents

Settlement

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

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