Replies to post #7645 on Octave Specialty Group Inc (OSG)

[gophilipgo]

["It's a gigantic step forward because the rehabilitation of the insurance company is what creates value for the debtor in Chapter 11," said Martin Bienenstock, of the law firm Dewey & LeBoeuf, which is representing Ambac Financial Group in bankruptcy.]

That's exactly what we want to see. More value for the debtor. That helps equity.

From this article: http://www.reuters.com/article/idUSN2527657720110125?feedType=RSS&feedName=bondsNews&rpc=43