FOMB, et al v. Federacion de Maestros de Puerto Rico, Inc., et al
Case Number:
22-1080
Court:
Nature of Suit:
Companies
- Aristeia Capital LLC
- Assured Guaranty Ltd.
- Aurelius Capital Management LP
- Bank of America Corp.
- Barclays PLC
- BMO Capital Markets Corp.
- Canyon Partners LLC
- Citigroup Inc.
- Davidson Kempner Capital Management LP
- MAPFRE SA
- Mason Capital Management LLC
- Mesirow Financial Holdings Inc.
- Moore Capital Management LLC
- Morgan Stanley
- Quest Diagnostics Inc.
- Raymond James Financial Inc.
- RBC Capital Markets
- Service Employees International Union
- Silver Point Capital LP
- Taconic Capital Advisors LP
- The Bank of New York Mellon Corp.
- United Auto Workers
- University of Puerto Rico
- U.S. Bancorp
- VR Capital Group Ltd.
- Whitebox Advisors LLC
Sectors & Industries:
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May 17, 2022
The Week In Bankruptcy: Purdue Bonus, PR Pension Appeal
Two dozen states objected to proposed bonus payments for the CEO of bankrupt drugmaker Purdue Pharma, the First Circuit declined to rehear an appeal over changes made to Puerto Rican teacher pensions as part of the island's restructuring, and Affordable Care Act penalties are taxes in bankruptcy court. This is the week in bankruptcy.
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May 16, 2022
1st Circ. Won't Reconsider Puerto Rico Pensions Ruling
The First Circuit won't rehear a Puerto Rico case that upheld a proposed overhaul to teacher pensions on the island territory, according to a Friday notice.
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May 11, 2022
'Nefarious' Doctrine Cut Puerto Rico Pensions, 1st Circ. Told
The full First Circuit should re-examine a proposed overhaul to Puerto Rico pensions to avoid broadening the "nefarious" line of cases that leave territorial inhabitants lacking the same rights as their U.S. brethren, a group of teachers' associations argued Tuesday.
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April 26, 2022
Week In Bankruptcy: InfoWars' Shaky Start, Releases Still Roil
Alex Jones moved three holding companies into bankruptcy last week to shield his intellectual property from defamation suits, immediately drawing the ire of the Sandy Hook families that sued him for defamation, the Office of the U.S. Trustee and the judge overseeing the cases; the U.S. trustee continued its national crusade against non-consensual third-party releases; and mass tort cases chugged along. This is the week in bankruptcy.
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April 26, 2022
1st Circ. Approves Puerto Rico Teacher Pension Changes
The First Circuit on Tuesday upheld an overhaul to teacher pensions in Puerto Rico, finding that Congress gave the commonwealth's restructuring board broad latitude in figuring out the best ways to set the island on a more sound fiscal path.
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March 22, 2022
Puerto Rican Teachers Say Pension Changes Go Too Far
A trio of Puerto Rican teachers associations continued their press to have the First Circuit override changes to educators' pension in the commonwealth's restructuring plan, saying the federal judge who approved the plan let the island's fiscal board overstep its bounds.
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March 14, 2022
1st Circ. Won't Pause Puerto Rico Plan For Teachers' Appeal
The First Circuit has rejected a request by teachers associations to delay the implementation of Puerto Rico's debt restructuring plan while they appeal the changes it will make to public school pensions.