The following questions and answers are provided to the general public for informational purposes only. They are not legal documents and do not bind the Segregated Account of Ambac Assurance Corporation, the Office of the Commissioner of Insurance, or the Rehabilitator to any position or interpretation of the rehabilitation court's orders in these proceedings, now or in the future. Interested parties should review the court documents available on this site and consult their own legal counsel with any questions they may have regarding any effect this rehabilitation proceeding may have on their legal rights and obligations.
Search the FAQ for entries containing:
The Plan will become effective as soon as certain conditions set forth in the Plan have been satisfied. A notice will be posted on the Web site advising of the effective date of the Plan.
Last updated on January 28, 2011 by Ambac Policyholders Administrator