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13 Aug 2017, 6:00 am by Ed. Microjuris.com Puerto Rico
But when it comes to driving economic growth, particularly over the short term, the commonwealth and the certified fiscal plan are relying heavily on the entry into a series of public-private partnership (PPP) transactions to jump-start the economy, contemplating approximately $5 billion of new investment over the next two years.[1] In particular, the commonwealth’s certified fiscal plan identifies energy, waste management and transportation projects among key target areas for these… [read post]
14 Apr 2017, 6:07 am by Ed. Microjuris.com Puerto Rico
Pietrantoni 1 Given the likelihood of a Title III proceeding under the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) for the Commonwealth of Puerto Rico and certain of its instrumentalities in the near future,2 we thought it useful to outline some, but by no means all, of the key issues that are likely to be raised. [read post]