We are part of The Trust Project
Lawful Constitutional Debt Coalition says Puerto Rico’s bonds are illegal

Although they recognize that Public Buildings is a bona fide entity, the group argues that the debt issued after March 2012 is invalid

12 de abril de 2019 - 12:32 PM

Archival note
This content was published more than 5 years ago.
The Lawful Constitutional Debt Coalition asked Judge Laura Taylor Swain to deny a motion by the Ad Hoc Group of Puerto Rico General Obligation Bondholders. (GFR Media)
The Lawful Constitutional Debt Coalition asked Judge Laura Taylor Swain to deny a motion by the Ad Hoc Group of Puerto Rico General Obligation Bondholders. (GFR Media)

A group of constitutional bondholders who would have not received a penny from the government in years filed yesterday a Notice of Participation stating after examining the Puerto Rico's Constitution and the debt issued before declaring bankruptcy, at least $6.7 billion “could not have been backed by the Commonwealth’s full faith and credit.”

Popular en la Comunidad


Ups...

Nuestro sitio no es visible desde este navegador.

Te invitamos a descargar cualquiera de estos navegadores para ver nuestras noticias: