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14 Apr 2017, 6:07 am by Ed. Microjuris.com Puerto Rico
Even if substantive consolidation proves unavailable, the oversight board or the Commonwealth may still seek to confirm a joint plan of adjustment for the Commonwealth and related issuers of Commonwealth debt by using PROMESA’s incorporated cramdown power, arguing that it can be imposed on all holders of Commonwealth debt so long as one impaired class of creditors of a single Commonwealth issuer votes to approve the plan. [read post]
5 Nov 2024, 11:23 am
That its approach is indifferent toward the political-economic model within which it is deployed (liberal-democratic, Marxist-Leninist, Theocratic, ethno-tribalist, etc.) speaks to its character as a fundamental premise of the enterprise.It is in this area, perhaps, the Maximilian Robespierre still has much to teach--descpite his own obliviousness to the lessons he was crafting in his speeches leading up to his execution in 1794 (Rapport sur les principes de morale politique qui doivent… [read post]
29 Apr 2010, 12:24 am
As a common law principle, the banking sector has long functioned under the value of confidentiality, largely embodied in the famous 1924 United Kingdom decision, Tournier v. [read post]
5 Oct 2021, 8:21 am
Professor of Law & Director of Clinical Legal Education, UC Davis School of Law--Robert Cover as Critical Race Theorist   Mark Graber, University System of Maryland Regents Professor, University of Maryland Carey School of Law & Sandford V. [read post]
14 Sep 2023, 6:51 am
 Pix credit hereOne sign of the maturity of Chinese principles for global engagement, and its strategic projection into global space, is the vigor with its it is transmitted to foreigners in languages other than Chinese. [read post]