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Puerto Rico Asks 1st Circ. To Revive Restructuring Law

By Matthew Perlman (April 30, 2015, 7:01 PM EDT) -- The government of Puerto Rico asked the First Circuit on Wednesday to overturn a ruling that struck down a commonwealth bankruptcy law for public entities, arguing it's not preempted by federal bankruptcy provisions because Puerto Rico is not protected by the portion of federal Bankruptcy Code reserved for municipalities....

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