( ) Why the Municipal Bond Market Expects Pledged Special Revenues to be Timely Paid to Bondholders in a Chapter 9 Proceeding. And, Why the First Circuit's Assured Ruling in Puerto Rico’s PROMESA Title III Proceeding Should Be Reheard or Reconsidered on Appeal....
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A WAKE-UP CALL FOR OTHERS – THE LESSONS LEARNED AND TO BE REMEMBERED FROM PUERTO RICO’S DISTRESS AND PROMESA
By James E. Spiotto The Treaty of Paris ending the Spanish-American War of 1898 resulted in control of Cuba, Puerto Rico, Guam and The Philippine Islands being given to the United States. Cuba in 1902 and The Philippines in 1946 were given independence. Puerto Rico...
“Puerto Rico’s ‘Assured’ Decision Should be Reconsidered or Reversed” by James Spiotto
Why Pledged Revenues Are Required to Be Paid to Revenue Bondholders in Chapter 9 Municipal Bankruptcy. And, Why the Assured Decision in Puerto Rico’s PROMESA Title III Proceeding Should Be Reconsidered or Reversed on Appeal by James Spiotto On January 30, 2018, the...
Beyond Hurricane Maria: Federal Action in Puerto Rico with PROMESA
Understanding Current Structures and Potential Changes to Federal Action in Puerto Rico Requires Analysis of the Enactment of PROMESA and its Provisions In a continuing series on the recovery of Puerto Rico after Hurricane Maria, James Spiotto looks at the...
Beyond Fiscal Troubles and Hurricane Maria: What, Why, and How Puerto Rico Should Recover
Puerto Rico's Recent Fiscal and Economic History, and The Road Ahead for Puerto Rico's Hurricane Recovery and Financial Renewal by James Spiotto Puerto Rico has suffered the perfect storm of a financial crisis of epic proportions and the devastating effects of...