<informationTable xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable">		<infoTable>
			<nameOfIssuer>CHENIERE ENERGY INC</nameOfIssuer>
			<titleOfClass>COM NEW</titleOfClass>
			<cusip>16411R208</cusip>
			<value>82110</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1700000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Call</putCall>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>1700000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DYNEGY INC NEW DEL</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>26817R108</cusip>
			<value>34144</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1651847</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>1651847</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DYNEGY INC NEW DEL</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>26817R108</cusip>
			<value>41340</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2000000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Call</putCall>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>2000000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GENCO SHIPPING &amp; TRADING LTD</nameOfIssuer>
			<titleOfClass>SHS NEW</titleOfClass>
			<cusip>Y2685T115</cusip>
			<value>5196</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1329028</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>1329028</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>JOY GLOBAL INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>481165108</cusip>
			<value>16832</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1127400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Call</putCall>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>1127400</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>UNITED STATES OIL FUND LP</nameOfIssuer>
			<titleOfClass>UNITS</titleOfClass>
			<cusip>91232N108</cusip>
			<value>31452</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2142500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Call</putCall>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>2142500</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>WESTMORELAND COAL CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>960878106</cusip>
			<value>16011</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1136369</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>1136369</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ASSURED GUARANTY LTD</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>G0585R106</cusip>
			<value>30227</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1209081</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>1209081</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
</informationTable>
