|Claude LeBlanc||President and CEO|
|David Trick||EVP, CFO, and Treasurer|
|Andrew Gadlin||Odeon Capital Group|
|Derek Pilecki||Gator Capital|
|Charles Post||Sterling Grace|
Greetings, and welcome to the Ambac Financial Group, Inc's First Quarter 2019 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your hosts, Ms.