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McV Alert

Puerto Rico Public Corporation Debt Enforcement and Recovery Act Unconstitutional

February 9, 2015

On February 6, 2015, the U.S. District Court for the District of Puerto Rico held that Puerto Rico’s debt restructuring statute for public corporations was unconstitutional. 

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The content of this McV Alert has been prepared for information purposes only. It is not intended as, and does not constitute, either legal advice or solicitation of any prospective client. An attorney-client relationship with McConnell Valdés LLC cannot be formed by reading or responding to this McV Alert. Such a relationship may be formed only by express agreement with McConnell Valdés LLC.

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