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The time of judicial action has arrived

The Oversight Board officially opens the path for submitting restructuring cases

29 de abril de 2017 - 11:25 AM

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This content was published more than 7 years ago.
Through the approved resolution, the members of the Board may vote in favor of judicial bankruptcy by means of e-mail messages. (Archivo / GFR Media)
Through the approved resolution, the members of the Board may vote in favor of judicial bankruptcy by means of e-mail messages. (Archivo / GFR Media)

New York - The Oversight Board officially put on the table the possibility of using, as soon as in the next 48 hours, the judicial bankruptcy mechanism in order to propose a historical and extensive restructuring of the debt of Puerto Rico’s government dependencies.

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