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Re: None

Monday, 09/15/2014 11:50:53 AM

Monday, September 15, 2014 11:50:53 AM

Post# of 11618
What about the side deals that needed to be worked out ?

Syncora asked for the trail to be delayed so they could settle other issue with third-parties. Does the fact that they have filed what they did today mean that the other issues where settled to Syncora's satisfaction? I would assume it does and if so I wonder how much if any it will free up in reserves that had been allocated for those issues

Any thoughts?


Detroit-Syncora deal is contingent on LTGO holders & retirees agreeing to give up any COPs litigation recovery

UBS AG and Bank of America would have to drop their pursuit of a nearly $200 million insurance claim against Syncora

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