Puerto Rico Oversight Board Members Win White House Support
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Puerto Rico Bondholders Can’t Compel Payment During Bankruptcy, First Circuit Says
First Circuit interprets chapter 9 and PROMESA to permit but not compel payments to special revenue bondholders during debt arrangement proceedings.
Court:
Circuit Upholds Dismissal of Suits to Restrict Puerto Rico’s Use of Tax Revenue
First Circuit bars use of declaratory judgments restricting Puerto Rico’s use of tax revenues.
Court:
Judge in Puerto Rico Bankruptcy Case Requires Fiscal Board to Hasten Avoidance Claims Process
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Investors Keep Puerto Rico Bonds After First Chapter of Restructuring
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Automatic Stay Applies to ‘Ordinary Course’ Litigation in Puerto Rico, Circuit Holds
First Circuit finds no exceptions to the automatic stay under PROMESA subjecting Puerto Rico to ‘ordinary course’ litigation.
Court:
Benchnotes May 2019
Journal Issue:
High-Yield Muni Market Passes a Key Test from Puerto Rico’s Sell-Off
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Official: Puerto Rico Debt-Adjustment Plan Not ‘Realistic’ in April
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Over a Year Later, the U.S. and Puerto Rico Fight Over Every Dollar of Hurricane Aid
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