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Subrogation

WHAT TO DO IF YOU RECEIVE A DEMAND FROM A “NOT AT FAULT” RECOVERY AGENT

Debt Recoveries

APRIL 2, 2023

If legal action has commenced, any documents received should be promptly submitted to the lawyer, as ongoing discussions will not delay the plaintiff’s right to seek Default Judgement. Generally, towing fees and assessing fees are not disputable unless they are unreasonable or excessive.

Debt Recovery

Debt Recovery Subrogation Lawyers Law Firms

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

BN Lawyers

MAY 8, 2019

The Bonds were also insured by a number of financial insurers (the Insurers), who were subrogated to the bondholders’ rights upon payment of a covered default of the Bonds. By statute, the Bonds were secured by a gross lien on revenues derived from certain highway tolls and excise taxes (collectively, the Pledged Special Revenues).

Bankruptcy

Bankruptcy Subrogation Debtor Creditors

WHAT TO DO IF YOU RECEIVE A DEMAND FROM A “NOT AT FAULT” RECOVERY AGENT

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

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