Replies to post #8254 on Syncora Holdings Ltd. (fka SYCRF)

[Chuck118]

Wow1234...Tell us more about what you know? When are we going to start seeing the good stuff? I have been holding on since 2008 and continue to add.

[DennyCrane550]

Some next Pivot Points


MacQuarie/Alinda case:

http://iapps.courts.state.ny.us/iscroll/SQLData.jsp?IndexNo=651258-2012

10/17/2017
Settlement Discussions due to Court

Lets see if we have a 1) settlement and 2) sale of Amer Roads by Halloween


Fir Tree/RMBS litigation case:

http://iapps.courts.state.ny.us/iscroll/SQLData.jsp?IndexNo=652198-2017

9/12/2017

Court is scheduled to make an appearance to possible render verdict on

Syncora's motion to Dismiss this case.
Fir Tree already submitted its oppo.
Syncora could get an early knock punch, who knows


Greenpoint:

http://iapps.courts.state.ny.us/iscroll/SQLData.jsp?IndexNo=600352-2009

Nothing discernable date wise off hand.

last filing was mid July.

Could see something anytime.


Reliance Rail ReFi holdouts:

last court date appearance was 8/8/2012

Two European holdouts, Dexia.

They dont want to tender their bonds.

Reliance Rail wants to do the FULL refi, and get out of calls.

I wasnt sure if partial or full ... so FULL attempt is good news.

Either way Syncora's 2 front terms (2018 , 2019) are callable -- so likely Reliance Rail/NSW govt will still cut a deal with AMP for equity and ReFi the front end to get this moving if they cant settle/dismiss the bond holdouts of the non-callable paper

[DennyCrane550]

wow1234-

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