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Ambac Financial Group, Inc.
Case Number:
1:10-bk-15973
Court:
Nature of Suit:
Firms
- Akin Gump
- Alston & Bird
- Carter Ledyard
- Dentons
- Hogan Lovells
- Kohn Swift
- Lowenstein Sandler
- Mayer Brown
- Morgan Lewis
- Morrison Foerster
- O'Melveny & Myers
- Paul Weiss
- Proskauer Rose
- Rich Michaelson
- Satterlee Stephens
- Shearman & Sterling
- Squitieri & Fearon
- Winston & Strawn
- Wolf Haldenstein
Companies
- Ambac Financial Group, Inc.
- Bank of America Corp.
- Broadbill Investment Partners LLC
- Cornerstone Research Inc.
- Deutsche Bank AG
- KPMG International
- Kurtzman Carson Consultants LLC
- Lazard Ltd.
- PricewaterhouseCoopers LLP
- The Bank of New York Mellon Corp.
- The Brattle Group Inc.
- U.S. Bancorp
- Wells Fargo & Co.
- Wilmington Trust Corp.
Government Agencies
Sectors & Industries:
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September 06, 2011
Ambac Looks To Clear $33M Deal By Nixing Investor Claims
Ambac Financial Group Inc. on Tuesday asked a New York bankruptcy judge to bar shareholder claims to clear the path for a $33 million class action settlement with creditors accusing the bond insurer of lying about the perils of backing risky structured finance products.
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September 02, 2011
Ambac Settles NYC's $117M Tax Claim For $3.2M
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 insurance holding company's reorganization efforts.
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August 10, 2011
Ambac Gets More Time To Negotiate With Tax Creditors
A New York bankruptcy judge on Wednesday gave bond insurance holding company Ambac Financial Group Inc. more time to submit a restructuring plan as it tries to negotiate settlements for nearly $1 billion in mostly tax-related claims.
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July 19, 2011
Ambac Wins OK For $33M Payout In Securities Actions
Ambac Financial Group Inc. on Tuesday won approval from a New York bankruptcy judge to settle for $33 million two securities class actions and derivative suits accusing the bond insurer of lying about the perils of backing risky structured finance products.
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June 16, 2011
Ambac Fights To Nix IRS' $807M Tax Claim
Ambac Financial Group Inc. fought back Tuesday in New York bankruptcy court against the Internal Revenue Service's $807 million claim for taxes and interest, saying the underlying tax refunds the IRS wants back were properly awarded to the bankrupt bond insurer.
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May 24, 2011
Ambac Fights $116M NYC Tax Bill
Ambac Financial Group Inc. objected in New York bankruptcy court Monday to the City of New York Department of Finance's $116.8 million claim for taxes and interest, deeming its treatment of the bankrupt bond insurer's income illogical.
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