While landlords prefer tenants with the strongest financial positions to sign leases, they may sometimes accept a “shell” entity — created solely to operate the business at the leased premises — ...
NEW YORK--(BUSINESS WIRE)-- Ambac Financial Group, Inc. (AMBC), an insurance holding company, today announced it has completed the sale of its legacy financial guarantee businesses, Ambac Assurance ...
After declining since the beginning of 2024, shares of Ambac Financial Group, Inc. (NYSE:AMBC) have risen by almost 10% over the past five trading sessions. The sale of Ambac Financial Group's legacy ...
Ambac Financial Group, Inc. (“Ambac”) (NYSE: AMBC), an insurance holding company, yesterday signed a definitive agreement to sell its legacy financial guarantee businesses, Ambac Assurance Corporation ...
Ambac Financial (NYSE:AMBC) plunged 19% after the company agreed to sell its legacy financial guarantee businesses, Ambac Assurance and Ambac UK, to funds managed by Oaktree Capital Management for ...
A soon-to-expand prohibition on nursing homes’ use of third-party financial guarantees could lead to more operators using lawsuits to collect as residents’ unpaid debt becomes a bigger financial ...
A personal guarantee is a financial noose that the guarantor puts their entire financial life into, and then waits to see if the trapdoor springs open. Some 30 years or so ago, I was in a trial in ...
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