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First Circuit Gives Puerto Rico Bondholders a Second Bite at the Apple

Puerto Rico’s toll road bonds don’t have statutory liens, circuit court rules.

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Judge Name:

William J. Kayatta, Jr.

Case Citation:

Ad Hoc Group of PREPA Bondholders v. Financial Oversight and Management Board for Puerto Rico (In re Financial Oversight and Management Board for Puerto Rico), 17-2079, and Peaje Investments LLC v. Financial Oversight and Management Board for Puerto Rico (In re Financial Oversight and Management Board for Puerto Rico), 17-2165 (1st Cir. Aug. 8, 2018)

Case Name:

In re Financial Oversight and Management Board for Puerto Rico

Court: