Fox Lake Towing and Recovery

Ambac Sues U.S. Over $700 Million in Tax Returns

by on Nov.09, 2010, under Towing

Ambac Financial Group, which Monday declared bankruptcy, is suing the U.S. for attempting to seize $700 million in tax refunds. The bond insurer warns that seizing the refunds could ruin its chances of reorganizing.

Continue reading Ambac Sues U.S. Over $700 Million in Tax Returns

Ambac Sues U.S. Over $700 Million in Tax Returns originally appeared on DailyFinance on Tue, 09 Nov 2010 19:15:00.

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