UPDATE 2-U.S. Supreme Court upholds Puerto Rico financial oversight board appointments
The U.S. Supreme Court on
Monday upheld appointments to Puerto Rico’s federally created
financial oversight board that had been challenged by creditors
in a ruling that avoids disruption to the panel’s restructuring
of about $120 billion of the bankrupt U.S. territory’s debt.
Monday upheld appointments to Puerto Rico’s federally created
financial oversight board that had been challenged by creditors
in a ruling that avoids disruption to the panel’s restructuring
of about $120 billion of the bankrupt U.S. territory’s debt.
Posted by Reuters
