Ambac Financial Group, Inc.

Company

• Pre-filing annual sales: $5,305 (millions of current dollars)
• Pre-filing assets: $25,619 (millions of current dollars)
• Pre-filing number of employees: 293
• Sub-industry: 63 Insurance Carriers
• Place of incorporation: DE
• Court for city of headquarters: NY New York
• In business at filing? emerged

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Dewey LeBoeuf
• Date of filing: November 8, 2010
• Judge at filing: Shelley C. Chapman
• Court district of filing: NY SD
• Court city of filing: New York
• Case number: 10-15973
• Cause of bankruptcy: Not tort
• Forum shop? Filed at headquarters


• Case transferred? no
• Destination court of transfer: not applicable
• Creditors committee appointed? yes
• §363 sale: no 363 sale
• Dip loan final approval? no
• Plan type: prenegotiated


• Disposition status: confirmed
• Date of disposition: March 14, 2012
• Judge at disposition: Shelley C. Chapman
• Days from filing to disposition: 492

After the case

• Did firm emerge? Company emerged
• Did firm refile? emerged 5 years, did not refile