Search for: "US BANKRUPTCY COURT, PUERTO RICO"
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19 Jan 2022, 2:53 pm
A judge for the US Bankruptcy Court for the District of Puerto Rico Tuesday gave final approval to a plan for Puerto Rico to exit bankruptcy after nearly five years. [read post]
22 Mar 2016, 2:01 pm
The issue before the court is whether Chapter 9 of the Federal Bankruptcy Code [Cornell LII materials] preempts a Puerto Rico... [read post]
13 Jun 2016, 9:35 am
The US Supreme Court [official website] ruled [opinion, PDF] 5-2 Monday in Puerto Rico v. [read post]
17 May 2017, 5:15 pm
[JURIST] The US District Court of the Southern District of New York on Wednesday began hearings on the restructuring of Puerto Rico's debt. [read post]
15 May 2017, 5:59 am
However much interest these cases hold for the professional bankruptcy world, they are of critical importance to Puerto Rico residents. [read post]
11 May 2023, 5:05 pm
The board subsequently filed for bankruptcy protection in 2017, but courts gave the board oversight of Puerto Rico’s financial management under PROMESA in 2018. [read post]
17 May 2017, 12:03 pm
Federal Judge to Sort $123 Billion in Debt for the US Territory of Puerto Rico The US territory of Puerto Rico has begun a historic bankruptcy proceeding, the largest government bankruptcy since Detroit. [read post]
15 Oct 2019, 2:38 pm
The US Supreme Court on Tuesday heard oral arguments in the consolidated cases referred to as Financial Oversight and Management Board for Puerto Rico v. [read post]
18 May 2017, 7:44 am
Ideally recordings of the Puerto Rico hearings would be released for free on the court's website. [read post]
7 Jul 2015, 6:44 am
On February 6, 2015, a district court held Puerto Rico's Recovery Act to be expressly preempted by section 903 of the Bankruptcy Code. [read post]
22 Aug 2015, 7:07 am
If the Supreme Court agreed to review the First Circuit's decision, then fellow Slipster Stephen Lubben's work on Puerto Rico and the Bankruptcy Clause would become even more important than it is already. [read post]
14 Feb 2019, 8:33 am
Judge Swain, who is based in New York but oversees Puerto Rico’s bankruptcy-like proceedings, said the Court believes that the COFINA plan is essential to the island’s financial recovery efforts. [read post]
1 May 2017, 10:38 pm
My hunch is that it would be better for the Congress or the courts to address priorities head on than for Puerto Rico to exempt some subset of its bonds from haircuts ad hoc, in hope of creating a privileged contract it could then use to access the capital markets. [read post]
21 Dec 2018, 1:13 pm
While MIO Partners disclosed three of its hedge funds’ investments in the Puerto Rico bonds in filings submitted in federal court, the disclosures were not made under McKinsey’s name. [read post]
7 Feb 2015, 9:05 am
Pierluisi introduced legislation, endorsed by the National Bankruptcy Conference, giving Puerto Rico the ability to authorize its municipalities to use chapter 9. [read post]
2 Jun 2020, 6:35 am
The US Supreme Court ruled unanimously Monday in Financial Oversight and Management Board for Puerto Rico v. [read post]
24 May 2018, 8:56 am
Morgan has been sworn-in as Magistrate Judge for the United States District Court for the District of Puerto Rico. [read post]
1 Jun 2020, 9:36 am
” And the board’s power to initiate bankruptcy proceedings, the court explained, is an authority that it has “on behalf of, and in the interests of, Puerto Rico” – even if those proceedings may have nationwide consequences. [read post]
22 Apr 2014, 3:05 am
Bankruptcy Code is unavailable to Puerto Rico. [read post]
2 Mar 2019, 8:30 am
In other Puerto Rico news, the 1st Circuit court of invalidated the PROMESA board which provides oversight for restructuring local debt. [read post]
