Supreme Court Won’t Hear a Case to Compel Paying Puerto Rico Bondholders Currently

January 13, 2020

Supreme Court Won’t Hear a Case to Compel Paying Puerto Rico Bondholders Currently

Supreme Court let a First Circuit opinion stand that barred bondholders from compelling payment during Puerto Rico’s restructuring under PROMESA.

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Opinion Link

View Opinion

https://www.supremecourt.gov/search.aspx?filename=/docket/docketfiles/html/public/19-391.html

Case Details

Case Citation

Assured Guaranty Corp. v. Financial Oversight and Management Board for Puerto Rico, 19-391 (Sup. Ct. cert. den. Jan. 13, 2020)

Case Name

Assured Guaranty Corp. v. Financial Oversight and Management Board for Puerto Rico

Case Type

Court

Supreme Court

Bankruptcy Tags

Bankruptcy Litigation

Practice and Procedure

Business Reorganization

Municipal Bankruptcy

Puerto Rico