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Bondholders Beware? First Circuit Ruling’s Potential Adverse Impact on Puerto Rico’s Long-Term Restructuring Prospects

BN Lawyers

The controversial ruling, which pertains to the treatment of municipal revenue debt, has left investors with questions about the value and significance of a revenue pledge in a municipal bankruptcy. The ruling reversed long-held practice as to the mandatory application of special revenues following municipal bankruptcy. Background.

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Guest Post: An Unanticipated Regulator of the Future – Credit Averse Millennials

Consumer Financial Services Law

Preparing for a future that would need to include litigating collections from a diverse portfolio of creditor sources (credit card, medical, bankruptcy, student loan, subrogation, commercial – just to name a few) became more and more pragmatic as the years of the recession marched forward.