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Bondholders Beware? First Circuit Ruling’s Potential Adverse Impact on Puerto Rico’s Long-Term Restructuring Prospects

BN Lawyers

The controversial ruling, which pertains to the treatment of municipal revenue debt, has left investors with questions about the value and significance of a revenue pledge in a municipal bankruptcy. The ruling reversed long-held practice as to the mandatory application of special revenues following municipal bankruptcy. Background.

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Guest Post: An Unanticipated Regulator of the Future – Credit Averse Millennials

Consumer Financial Services Law

Preparing for a future that would need to include litigating collections from a diverse portfolio of creditor sources (credit card, medical, bankruptcy, student loan, subrogation, commercial – just to name a few) became more and more pragmatic as the years of the recession marched forward.

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Debtors’ Sale of Assets: Stripping Sureties of their Subrogation Rights

ABI

Johns University School of Law American Bankruptcy Institute Law Review Staff Section 363(m) of title 11 of the United States Code (the Bankruptcy Code) sets boundaries in a courts ability to modify or reverse certain sales and corresponding assumption or rejection of unexpired leases. [1] Bella Garabedian St. 1] In Swiss Re Corp.