Ambac Finalizes Bond Settlement Ahead Of Detroit Plan Trial

By Andrew Scurria · July 25, 2014, 2:11 PM EDT

Bond insurer Ambac Assurance Corp. on Friday unveiled details of a settlement with Detroit over the bankrupt city's treatment of limited tax-general obligation bonds, reporting it will see a minimum 34...

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Case Information

Case Title

City of Detroit, Michigan

Case Number

2:13-bk-53846

Court

Michigan Eastern

Nature of Suit

Date Filed

July 18, 2013