BANKRUPTCY WEEK AHEAD: Ambac Seeks To Send Bankruptcy Plan For Credi...

BANKRUPTCY WEEK AHEAD: Ambac Seeks To Send Bankruptcy Plan For Creditor Vote
Wall Street Journal
Anchorage's Chapter 11 plan calls for the liquidation of the CDO's collateral with all proceeds going to senior note holders. The junior tranche of note holders, like Hildene, would be wiped out. Hildene has appealed the bankruptcy-court ruling, ...