CRA’s team worked for the Penn Central Trustee in connection with litigation the Penn Central valuation case. CRA analyzed the values of Penn Central’s holdings of real estate, rolling stock, locomotives, and all other assets, in addition to the value of profitable portions of Penn Central’s rail lines.
Puerto Rico may see higher utility rates after 1st Circ. ruling
Puerto Rico’s Financial Oversight and Management Board (FOMB) said it intends to introduce changes to the plan of adjustment to allow for payments to PREPA...