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.
Lack of a circuit split makes equitable mootness an unlikely topic for Supreme Court review.
February 1, 2019
First Circuit reverses, upholding the validity of bondholders’ security interests in $2.9 billion of collateral.
First Circuit reverses, upholding the validity of bondholders’ security interests in $2.9 billion of collateral.
September 7, 2018
Defining collateral by reference in a UCC-1 is held invalid in Puerto Rico’s bankruptcy.