They will appeal Judge Besosa’s verdict, which allows the lawsuit of certain constitutional bondholders to be settled
They will appeal Judge Besosa’s verdict, which allows the lawsuit of certain constitutional bondholders to be settled
José F. Rodríguez, an individual investor, and several investment firms like Decagon Holdings, GoldenTree Asset Management, and Whitebox Advisors—who are the main bondholders of the Puerto Rico Sales Tax Financing Corporation (COFINA, by its Spanish acronym)—will appeal federal Judge Francisco A. Besosa’s ruling in favor of several General Obligation (GO) bondholders, spearheaded by the Lex Claims and Jacana Holdings funds.
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