Supreme Court Rules Against Puerto Rico in Debt Restructuring Case
Justice Clarence Thomas said the law was at odds with the federal Bankruptcy Code, which bars states and lower units of government from enacting their own versions of bankruptcy law.
Showing posts with label Restructuring. Show all posts
Showing posts with label Restructuring. Show all posts
Monday, June 13, 2016
Friday, October 30, 2015
R.B.S. Profit Rises, Though Restructuring Costs Weigh Down Results
R.B.S. Profit Rises, Though Restructuring Costs Weigh Down Results
The bank, which is seeking to reshape itself as a smaller, British-focused bank, recorded restructuring costs of about $ 1.3 billion in the third quarter.
Wednesday, September 9, 2015
Puerto Rico Lays Out 5-Year Plan for Restructuring Its Debts
Puerto Rico Lays Out 5-Year Plan for Restructuring Its Debts
The plan requires either concessions negotiated from creditors or legislation enacted in San Juan or Washington, suggesting a difficult road ahead.
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