Puerto Rico is in the midst of a legal battle to save its economy through the levers of bankruptcy. Ironically, the same judge who oversaw Detroit’s Chapter 9 restructuring is now advising the Puerto Rican government in that effort. As noted by the Detroit Free Press, the essence of the island’s debt crisis is strikingly… [Continue Reading]
Response to City of Detroit Claims Fast Approaching
If you or your company have been named as a defendant against the City of Detroit in its attempt to recover funds alleged to have been paid within the 90 days prior to the city’s Chapter 9 Bankruptcy filing, note that time is of the essence and your rights are in jeopardy. The Bankruptcy practice… [Continue Reading]
