Puerto Rico

Content related to the Puerto Rico debt crisis

  • Avoiding Powers Under PROMESA May Be Applied Retroactively

    Avoiding Powers Under PROMESA May Be Applied Retroactively

    Defining collateral by reference in a UCC-1 is held invalid in Puerto Rico’s bankruptcy.

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  • Committees Have an Unconditional Right to Intervene — Subject to Certain Caveats

    Committees Have an Unconditional Right to Intervene — Subject to Certain Caveats

    The Financial Management decision can be used as a tool for committees and other parties-in-interest seeking intervention.

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  • Examining Puerto Rico's Financial Future Under PROMESA Oversight Board40:52

    Examining Puerto Rico's Financial Future Under PROMESA Oversight Board

    ABI Executive Director Sam Gerdano talks with John E. Mudd, an attorney and respected legal commentator in Puerto Rico, who has closely followed the territory's debt crisis.

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  • The Puerto Rico “Bankruptcy”: A Cheat Sheet

    The Puerto Rico “Bankruptcy”: A Cheat Sheet

    Title III and PROMESA proceedings in Puerto Rico will shape future municipal restructurings.

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  • PROMESA Didn’t Enjoin Damages Suit Against Puerto Rico Government Official

    PROMESA Didn’t Enjoin Damages Suit Against Puerto Rico Government Official

    Courts are reluctant to employ PROMESA as a shield against suits involving government administration.

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  • How Did the Puerto Rico Debt Crisis Happen?

    How Did the Puerto Rico Debt Crisis Happen?

    As is often the case with public debt, there was no single reason why Puerto Rico ended up in a fiscal crisis.

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  • Special Episode of Eye on Bankruptcy from VALCON 2017 Focusing on Puerto Rico Investment46:25

    Special Episode of Eye on Bankruptcy from VALCON 2017 Focusing on Puerto Rico Investment

    Cate Long, of the Puerto Rico Clearinghouse in New York, discusses the debt crisis in Puerto Rico.

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