Bondholders said the decision reinstating their claims restores the municipal market's understanding of the proper functioning of special revenue bonds.
June 17, 2024 at 03:20 PM
3 minute read
Bondholders with claims of $8.5 billion in the Puerto Rico Electric Power Authority bankruptcy received a major ruling in a federal appeals court they say restores confidence in their market.
The litigation has lasted years, pitting several Big Law litigators against each other.
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