Supreme Court Won’t Hear a Case to Compel Paying Puerto Rico Bondholders Currently
Supreme Court let a First Circuit opinion stand that barred bondholders from compelling payment during Puerto Rico’s restructuring under PROMESA.
Court:
Bankruptcy Oddities
Journal Issue:
Illinois Governor Seeks Major Local Pension Fund Consolidation
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U.S. Trustee May Not Appoint an Unsecured Committee in a Municipal Bankruptcy
California judge sides with former Bankruptcy Judge Steven Rhodes by holding that the U.S. Trustee does not have statutory power to appoint an unsecured committee in a chapter 9 case.
Commentary: Analysts and Academics Weigh in on Whether States Should Be Allowed to File for Bankruptcy
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Muni-Debt Crisis Is Brewing in Another U.S. Territory
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Commentary: Bankruptcy Looms for Chicago If There’s No Pension Fix
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House Committee Seeks to Amend U.S. Financial Oversight Law for Puerto Rico
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Illinois Debt Boosted After $14 Billion Bond Challenge Dismissed
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