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AMBAC FINL GRP INC Message Board

  • micky99_98 micky99_98 Mar 21, 2013 9:19 AM Flag

    ABKFQ, the company states: "common stock will be cancelled..." inside:

    "Upon consummation of the plan of reorganization, Ambac’s existing common stock will be cancelled and extinguished and the holders thereof will not be entitled to receive, and will not retain, any property or interest on account of such common stock."

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    • THIS IS NOT TRUE!!! LIES

    • hey micky, you dumb funt! guess what isn't consummated yet? guess what won't be anytime soon?

      3/20/2013 1244 Notice of Adjournment of Matter Scheduled for Hearing on April 3, 2013 at 10:00 a.m.

      Related Document(s): 1230 1 166 k

      PLEASE TAKE NOTICE
      that the hearing (the “Hearing”) before the Honorable
      Shelley C. Chapman, United States Bankruptcy Judge for the Southern District of New York,
      Alexander Hamilton U.S. Custom House, Courtroom 621, One Bowling Green, New York, New
      York 10004, on the
      Debtor’s Motion Pursuant to Bankruptcy Code Sections 1127(b) and 105(a)
      for an Order

      ******************************(I) Approving a Modification of the Debtor’s Confirmed Fifth Amended Plan of
      Reorganization**********************

      (II) Barring Charles Lemonides from Serving as a Board Member of the
      Reorganized Debtor, and (III) Directing the Statutory Committee of Creditors to Appoint a New
      Board Nominee
      [Docket No. 1230] (the “Motion”), has been adjourned from April 3, 2013 at
      10:00 a.m. (prevailing Eastern Time) to
      April 18, 2013 at 10:00 a.m. (prevailing Eastern Time)
      or such later time as counsel may be heard

 
ABKFQ
0.00310.0000(0.00%)Apr 30 3:59 PMEDT

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