Attached files
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| EX-99 - COURT OF FEDERAL CLAIMS OCTOBER 11, 2012, ORDER APPROVING SUPERVISORY GOODWILL SETTLEMENT AGREEMENT - AMBASE CORP | cfcorder10112012.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15 (d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 11, 2012
AMBASE CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware
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1-07265
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95-2962743
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employment Identification Number)
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100 PUTNAM GREEN, GREENWICH, CT 06830-6027
(Address of principal executive offices, including zip code)
(203) 532-2000
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).
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AmBase Corporation ("AmBase" or the "Company") is pleased to announce that on October 11, 2012, the United States Court of Federal Claims ("Court of Federal Claims") issued an order approving the previously announced settlement agreement in the Supervisory Goodwill legal proceedings between AmBase, the Federal Deposit Insurance Corporation-Receiver ("FDIC-R") and the Department of Justice ("DOJ") on behalf of the United States of America (the "United States") (the "Settlement Agreement"). Pursuant to the Settlement Agreement, within ten (10) business days of the Court of Federal Claims' order, the United States is required to remit $180,650,000 (one hundred eighty million, six hundred fifty thousand dollars) directly to AmBase.
A copy of the October 11, 2012, Court of Federal Claims' order is provided as an exhibit hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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AMBASE CORPORATION
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By /s/ Richard A. Bianco
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Richard A. Bianco
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Chairman, President and Chief Executive Officer
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AmBase Corporation
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Date: October 11, 2012
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Exhibit Description
| 99 | United States Court of Federal Claims October 11, 2012, Order approving the Settlement Agreement. |