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Puerto Rico Creditors Denied Bid For Separate Debt Probe

Law360, New York (November 15, 2017, 9:34 PM EST) -- There will be only one investigation into the origins of Puerto Rico's crippling debt crisis, a federal judge ruled Wednesday, shutting down a creditor committee's effort to conduct its own probe into some of the island's biggest banks but saying their input should be part of a federal board's ongoing inquiry.

The official committee of unsecured creditors in Puerto Rico’s bankruptcy-like cases will have to sign a nondisclosure agreement and cooperate with the Financial Oversight and Management Board for Puerto Rico if it wants to play...
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