Syncora Guarantee Announces Resolution of GreenPoint Litigation
As a result of this settlement, SGI is expected to receive approximately
The financial effects of this settlement and other related disclosures will be described in SHL’s year-end 2017 consolidated GAAP financial statements and SGI’s statutory-basis financial statements included in its Annual Statement to be filed with the
Important Information and Forward Looking Statements
This press release contains statements about future results, plans and events that may constitute "forward-looking" statements. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "plan," "seek," "comfortable with," "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or the negative thereof or variations thereon or similar terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's control. These risks and uncertainties include, but are not limited to, the factors described in the Company's historical filings with the NYDFS, and in the Company's and
Source: Syncora Holdings Ltd.