Ambacs grösste Vemögen ist die assets von ACC. Ihre Rettung vom CH11 Verfahren ist auch widerum Abhängig von dem erfolgreichen AAC Reh. Plan. Bei diesem Schreiben erzählt ambac darüber noch deutlicher und klare: http://www.kccllc.net/documents/1015973/1015973110217000000000001.pdf seite 2; Despite the Committee’s contrary assertions, no chapter 11 plan exists today that
will satisfy the Committee and not inflame OCI, thereby increasing the risk of the loss of all of
AAC to rehabilitation proceedings, at a time when the Segregated Account of AAC has
successfully confirmed a plan of rehabilitation preserving value for its policyholders and its
common shareholder, the Debtor. And, neither the Debtor’s management nor its counsel is
conflicted, let alone “hopelessly conflicted.” Obj. ¶2. As the Debtor’s primary operating
subsidiary, AAC is the Debtor’s most valuable asset, and its management and attorneys are
focused on preserving and harvesting AAC’s value for the Debtor’s creditors. Indeed, without
AAC, the Debtor is simply a holding company in debt. The Debtor’s value and future viability
are directly related to, and dependent upon, the value and future viability of AAC.
AFG wert und künftige Überlebenchance ist abhänging von den Wert und der künftigen Überlebenschance von AAC! Dieser letzte Satz erzählt vieles und wie wichtig AAC für ambac(AFG) ist und noch seite 11 Notwithstanding its “simple capital structure,” the Debtor is a holding company
with $1.6 billion of unsecured debt and owns AAC, a large and complex financial guarantee
insurance company which has outstanding financial guarantee exposures of more than $300
billion. See Mot. ¶¶10-13. In order for the Debtor to reorganize successfully, AAC’s value must
be preserved. The Debtor has therefore had to focus a significant amount of time on the
Rehabilitation Proceedings of AAC’s Segregated Account in Wisconsin. Entry of the Order
Confirming the Rehabilitation Plan of the Segregated Account of AAC is a significant step
forward in the process of conserving AAC’s value for the benefit of AFG seite 13; Das Ambacs Plan, um max. value und das Erfolg von allen Partein zu erzielen, braucht man folgende Schritte; - The best chance for maximizing value is a quadripartite, consensual plan
among the Debtor, OCI, the IRS, and the Committee. -The next best option is a tripartite,consensual plan among the Debtor, OCI, and the Committee. -If no such plan is possible, the
Debtor can file a plan supported by the Committee or one supported by OCI and/or the IRS.
These options remain open to the Debtor, so long as its Exclusive Periods are extended. Über den nächsten wichtigen Termine; the Debtor expects within the next few
days to receive from OCI a revised term sheet and has asked the Committee and its professionals
to meet on Tuesday, February 22 and Wednesday, February 23 with OCI and the Debtor. und noch the Debtor hopes to reach the terms of a consensual plan prior to
the February 28, 2011 deadline with OCI and the Committee, the Debtor is also realistic about a
shortened extension and recognizes that, even under the best circumstances If by February 28, however, it becomes apparent to the Debtor that an agreement
cannot be reached, it will then determine what alternative plan should be filed. The Debtor will
not, however, be bullied into filing the Committee’s plan merely because the Committee insists
that it do so. - Erste stuffe ist jetz das erfolgreich |
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