In this article published in Law360, Bradley Wendt provides context around Puerto Rico petitioning for court protection, and thereby creating the largest municipal bankruptcy in U.S. history. He reviews the legislative process leading to the filing for court protection, including a discussion of parties supporting and opposing the filing. The review concludes with an analysis of the dominant debt restructuring issues being considered by the court and stakeholders. To read the article, click the link below.
Securities Litigation Flash: Q3 2025
Filing trends Section 10(b) and Section 11 filings totaled 49 during the third quarter of 2025, 16% fewer than in the same period in 2024 and 2% more than in...