While landlords prefer tenants with the strongest financial positions to sign leases, they may sometimes accept a “shell” entity — created solely to operate the business at the leased premises — ...

NEW YORK--(BUSINESS WIRE)-- Ambac Financial Group, Inc. (AMBC), an insurance holding company, today announced it has completed the sale of its legacy financial guarantee businesses, Ambac Assurance ...

After declining since the beginning of 2024, shares of Ambac Financial Group, Inc. (NYSE:AMBC) have risen by almost 10% over the past five trading sessions. The sale of Ambac Financial Group's legacy ...

Ambac Financial (NYSE:AMBC) stock surged 11% in Monday morning trading after extending the stock purchase agreement related to the sale of its legacy financial guarantee business to funds managed by ...

A soon-to-expand prohibition on nursing homes’ use of third-party financial guarantees could lead to more operators using lawsuits to collect as residents’ unpaid debt becomes a bigger financial ...