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Puerto Rico Retirement System Bondholders Win Their Security Interest Back

First Circuit reverses, upholding the validity of bondholders’ security interests in $2.9 billion of collateral.

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Opinion Link

Case Details

Judge Name

Sandra L. Lynch

Case Citation

Altair Global Credit Opportunities Fund (A) LLC v. Financial Oversight and Management Board for Puerto Rico (In re Financial Oversight and Management Board for Puerto Rico), 18-1836 (1st Cir. Jan. 30, 2019)

Case Name

In re Financial Oversight and Management Board for Puerto Rico

Case Type

Business
Court