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Nydia Velázquez and Raúl Grijalva refer Mckinsey & Co. to DOJ for possible conflicts of interest in Puerto Rico

The two senior members of Congress argue that private consultants benefit from multi-million agreements with Puerto Rico’s financial oversight board. ....

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Puerto Rico Oversight Board pushes back on conflict of interest claims

The board and its law firm O'Neil & Borges clashed with challenger Carlos Lamoutte in court papers. ....

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Attorney claims Puerto Rico Oversight Board law firm had conflict

A firm representing the Oversight Board also represented firms that acquired a loan portfolio from a board-controlled entity. ....

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Financial advisory firm GenTrust seeks Puerto Rico tax breaks

The $2.6 billion Miami firm is the largest independent advisor yet to take advantage of the U.S. territory’s very generous tax incentives. ....

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Sygnus Credit Investments acquires private credit firm in Puerto Rico

Sygnus Credit Investments (SCI) through its newly formed subsidiary SCI Puerto Rico Inc., has entered into a stock purchase agreement to acquire a majority interest in Acrecent Financial Corporation (AFC), one of the largest private credit companies ....

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