Puerto Rico primary brings political change; Oversight Board remains bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
United States - Insolvency/Bankruptcy - New York Legislature Proposes New Sovereign Debt Restructuring Bill mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.
The New York State Legislature recently proposed a bill, entitled the Sovereign Debt Stability Act, intended to facilitate sovereign debt restructuring. The bill, which could be.
Where a U.S. District Court judge enjoined seven individual beneficiaries of pensions paid by the commonwealth of Puerto Rico from proceeding with litigation over the issuance of pension funding bonds, the injunction should be affirmed based on a plan of adjustment confirmed pursuant to the Puerto Rico Oversight, Management, and Economic Stability Act.