Octave Specialty Group Inc (OSG)

[AugustaFriends]

Bankruptcy Court hearing relating to the confirmation of the Plan has been rescheduled for February 15, 2012. There are two court settlements and the IRS settlement this month. With other developments on the Financial/mortgage scandal, all previous settlements on others cases favor ABKFQ, if judges use previous decision. If I'm correct one is on the 26 of Jan the other on the 30th. The IRS supposed be this month -- but who knows on that it's been dayed before.

See here

Ambac Financial Group, Inc. (OTC: ABKFQ) (“Ambac Financial”) today announced that, in order to give Ambac Financial additional time to negotiate a final settlement of its dispute with the Department of the Treasury - Internal Revenue Service, the voting deadline relating to the Second Amended Plan of Reorganization of Ambac Financial, dated September 30, 2011 (the “Plan”), has been extended to January 30, 2012. In addition, the Plan objection deadline has been extended to January 26, 2012 and the Bankruptcy Court hearing relating to the confirmation of the Plan has been rescheduled for February 15, 2012.