Businessmen ask to intervene in lawsuit between BDE and PR RecoverySeveral of the bank’s 7,000 former customers who allege damages from the sale of their loans warned the court that the lawsuit seeking to void the transaction cannot be settled without the approval of the Fiscal Oversight Board
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Businessmen affected by the sale of certain loans from the Economic Development Bank (BDE) to PR Recovery limited liability companies (LLC) have filed an urgent motion in court to be allowed to intervene in the lawsuit brought by the bank against the purchasers of the portfolio.
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