Bond Insurer Claims PR Highway Deal Was A Fraud

By Mike Curley (February 19, 2020, 5:57 PM EST) -- Ambac Assurance Corp. is suing a Puerto Rican highway infrastructure company over concessions it holds for two highways, saying it took advantage of the island's distressed financial state to get those concessions at a fraction of their real value, depriving the Puerto Rico Highways and Transportation Authority and its creditors of the revenue....

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