As is often the case with public debt, there was no single reason why Puerto Rico ended up in a fiscal crisis.
Other content in this Stream
Avoiding Powers Under PROMESA May Be Applied Retroactively
Defining collateral by reference in a UCC-1 is held invalid in Puerto Rico’s bankruptcy.
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.