Rochelle's Daily Wire

ABI Exclusive

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.