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.
Defining collateral by reference in a UCC-1 is held invalid in Puerto Rico’s bankruptcy.
August 10, 2018
Puerto Rico’s toll road bonds don’t have statutory liens, circuit court rules.
Puerto Rico’s toll road bonds don’t have statutory liens, circuit court rules.
July 19, 2018
Bondholders won a skirmish but may still lose the war with Puerto Rico.
Bondholders won a skirmish but may still lose the war with Puerto Rico.
July 17, 2018
PROMESA’s authority is in the Territories Clause of the Constitution, District Judge Swain says.
PROMESA’s authority is in the Territories Clause of the Constitution, District Judge Swain says.