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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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.
40:52Examining 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.
The Puerto Rico “Bankruptcy”: A Cheat Sheet
Title III and PROMESA proceedings in Puerto Rico will shape future municipal restructurings.
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.
46:25Special 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.
American Bankruptcy Institute
How much trouble does Puerto Rico's unprecedented financial crisis spell for investors, pensioners, and state governments? Experts at ABI's NYC Bankruptcy Conference, including Promesa Oversight Board
American Bankruptcy Institute
Puerto Rico begins bankruptcy proceedings on May 17 with a series of requests for managing the case. The commonwealth is in the process of restructuring its $70 billion debt. H/T Reuters https://goo.
American Bankruptcy Institute
Breaking: Puerto Rico Governor Ricardo Rossello formally requests invocation of Title III of PROMESA to adjust the territory's debts. https://goo.gl/W37XzN For additional analysis and breaking news
American Bankruptcy Institute