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U.S. Supreme Court

Jun. 16, 2016

Puerto Rico's last stand

Puerto Rico's last opportunity to navigate a self-determined path out of financial distress was all but extinguished by the U.S. Supreme Court on Monday. By Robbin L. Itkin and Alexandra Kelly

By Robbin L. Itkin and Alexandra Kelly

Puerto Rico's last opportunity to navigate a self-determined path out of financial distress was all but extinguished by the U.S. Supreme Court on Monday in its rulings on The Commonwealth of Puerto Rico v. Franklin California Tax-Free Trust and Melba Acosta-Febo v. Franklin California Tax-Free Trust cases. 2016 DJDAR 5671. In these cases, the Supreme Court invalidated the Puerto Rico Corpo...

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