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Puerto Rico Leverage Over Debt Further Limited By High Court

By Jonathan Randles (June 13, 2016, 8:35 PM EDT) -- A U.S. Supreme Court decision blocking Puerto Rico's local restructuring law further limits leverage the territory may have had in managing tens of billions of dollars in municipal debt and appears to leave a congressional proposal creating a powerful new authority to oversee the commonwealth's finances as the only viable path forward....

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