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 Rico. Show all posts
Showing posts with label Rico. Show all posts
Monday, June 13, 2016
Sunday, June 5, 2016
Friday, April 29, 2016
Washington Still Haggling as Puerto Rico Debt Deadline Looms
Washington Still Haggling as Puerto Rico Debt Deadline Looms
As a May 1 deadline nears, terms of a bill to rescue the island are unresolved, risking greater injury to its ailing economy.
Thursday, April 14, 2016
Treasury Official Urges Quick Action on Puerto Rico Rescue
Treasury Official Urges Quick Action on Puerto Rico Rescue
Antonio Weiss, the counselor to the Treasury secretary, told lawmakers “everybody loses” if Congress fails to intervene and Puerto Rico defaults on coming debt payments.
Wednesday, April 13, 2016
Morning Agenda: Puerto Rico Rescue Bill Introduced in House
Morning Agenda: Puerto Rico Rescue Bill Introduced in House
Regulators Said to Object to Banks’ ‘Living Wills’ | Collusion Concerns Over Institutional Investments
Tuesday, March 29, 2016
Latest Plan to Rescue Puerto Rico Is Met With Disdain on Island
Latest Plan to Rescue Puerto Rico Is Met With Disdain on Island
The plan calls for putting Puerto Rico’s finances under a presidentially appointed oversight board — a bitter pill to many on the island.
Monday, March 28, 2016
Lin-Manuel Miranda: Give Puerto Rico Its Chance to Thrive
Lin-Manuel Miranda: Give Puerto Rico Its Chance to Thrive
Wednesday, March 23, 2016
Puerto Rico Fights for Chapter 9 Bankruptcy in Supreme Court
Puerto Rico Fights for Chapter 9 Bankruptcy in Supreme Court
In court on Tuesday, Puerto Rico argued that its exclusion from Chapter 9 leaves the island with few options to alleviate its worsening finances.
Sunday, December 6, 2015
Let the U.S. Treasury Rescue Puerto Rico
Let the U.S. Treasury Rescue Puerto Rico
The territory flounders in its debts while Congress fails to allow bankruptcy. It’s time for the Obama administration to get involved.
Sunday, November 8, 2015
Thursday, October 22, 2015
Obama to Begin Push for Financial Protections for Puerto Rico
Obama to Begin Push for Financial Protections for Puerto Rico
Facing a worsening fiscal crisis in the commonwealth and a bailout-fatigued Congress, the Obama administration on Thursday starts a major effort to win passage of a broad rescue package to grant Puerto Rico new bankruptcy protections and to aid its citizens with health and tax benefits.
Friday, October 2, 2015
Puerto Rico Development Bank Goes to Court for $400 Million in Taxes
Puerto Rico Development Bank Goes to Court for 0 Million in Taxes
The Government Development Bank said the money was crucial to its ability to make coming payments to bondholders.
Monday, September 28, 2015
Puerto Rico Officials to Testify on Debt Crisis Before Senate Panel
Puerto Rico Officials to Testify on Debt Crisis Before Senate Panel
The officials, who have said that their government would soon run out of cash, will tell the Senate Finance Committee why the island may need federal assistance.
Friday, September 25, 2015
A Solution for Puerto Rico
A Solution for Puerto Rico
The Hispanic Leadership Fund writes that some Democrats in Congress are doing Puerto Rico a disservice.
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.
Friday, September 4, 2015
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