Rochelle's Daily Wire

ABI Exclusive

March 29, 2019

First Circuit interprets chapter 9 and PROMESA to permit but not compel payments to special revenue bondholders during debt arrangement proceedings.
First Circuit interprets chapter 9 and PROMESA to permit but not compel payments to special revenue bondholders during debt arrangement proceedings.

March 28, 2019

First Circuit bars use of declaratory judgments restricting Puerto Rico’s use of tax revenues.
First Circuit bars use of declaratory judgments restricting Puerto Rico’s use of tax revenues.

March 25, 2019

First Circuit finds no exceptions to the automatic stay under PROMESA subjecting Puerto Rico to ‘ordinary course’ litigation.
First Circuit finds no exceptions to the automatic stay under PROMESA subjecting Puerto Rico to ‘ordinary course’ litigation.

March 5, 2019

Sewer customers challenged the dismissal of their appeal from confirmation of the Jefferson County chapter 9 municipal debt restructuring.
Sewer customers challenged the dismissal of their appeal from confirmation of the Jefferson County chapter 9 municipal debt restructuring.

February 18, 2019

The appeals court is attempting to avoid chaos despite ruling that the appointment of Puerto Rico Oversight Board members violated the Appointments Clause of the Constitution.

February 6, 2019

Lack of a circuit split makes equitable mootness an unlikely topic for Supreme Court review.