February 08, 2015
A federal judge struck down a Puerto Rico law that threatened investors in public corporations with harsh restructuring terms, a victory for investment funds battling to protect billions of dollars in debt claims against the commonwealth's beleaguered electric utility.
October 07, 2014
Investment firms leading the charge against Puerto Rico's controversial quasi-bankruptcy debt adjustment regime pressed a federal judge to invalidate its governing statute, which looms large over high-stakes restructuring negotiations with the commonwealth's electric utility.
June 30, 2014
Two investment firms on Sunday sued the commonwealth of Puerto Rico, saying the law its government enacted over the weekend providing debt restructuring options for public agencies violates the U.S. Constitution.