Followers | 241 |
Posts | 12089 |
Boards Moderated | 1 |
Alias Born | 04/05/2009 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, July 03, 2019 8:49:26 PM
Sorry.
Liquidating an insurance company takes many years.
LaSalle Re took ten years (2003 to 2013). Preferred holders eventually received $10.60.
Acceptance Insurance Companies, Inc. filed for Chapter 11 bankruptcy in 2005. The case converted to Chapter 7 in 2010. Preferred holders will eventually receive a distribution well in excess of the last trade of nine cents. See AICPQ.
Other names include Primus Guaranty in the CDO space and mortgage insurers Triad Guaranty and PMI Group.
"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM