Ambac's Puerto Rico Bond Payment Challenge Tossed

By Alex Wolf (February 28, 2018, 10:34 PM EST) -- Ambac Assurance Corp. cannot challenge the plans being used as blueprints to restructure Puerto Rico's public finances, according to a ruling Tuesday in the commonwealth's bankruptcy-like cases, enshrining the autonomy of the federal board overseeing the territory's fiscal crisis to certify debt service proposals....

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