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Tag: bankruptcy

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Puerto Rico FOMB lack of transparency to possible fraud bond deal
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Puerto Rico FOMB lack of transparency to possible fraud bond deal

  • Pedro
  • March 20, 2021

San Juan, Puerto Rico – Many news outlets began to prematurely celebrate that the Financial […]

JC Penny’s revived by new management and searching for new CEO
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JC Penny’s revived by new management and searching for new CEO

  • Pedro
  • January 29, 2021

JCPenney department stores (new ticker symbol CPPRQ) has new owners and they are searching for […]

New York Pension Bomb or Bankruptcy
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New York Pension Bomb or Bankruptcy

  • Pedro
  • May 26, 2020

For decades warnings of New York’s disastrous pension fund have been in the radar of […]

JCPenney To File for Bankruptcy Today
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JCPenney To File for Bankruptcy Today

  • Pedro
  • May 15, 2020

Today Friday – JCPenney is planning to file for Chapter 11 bankruptcy protection today, and […]

Puerto Rico New Debt Agreement
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Puerto Rico New Debt Agreement

  • Pedro
  • February 10, 2020

Puerto Rico would shed about $24 billion of debt and move closer to exiting bankruptcy […]

Puerto Rico Tentative Debt Secret Deals
  • Economy & Business

Puerto Rico Tentative Debt Secret Deals

  • Pedro
  • February 6, 2020

The Fiscal Oversight and Management Board overseeing Puerto Rico’s debt restructuring have reached a tentative […]

Party City says it is closing 45 stores amid a global helium shortage
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Party City says it is closing 45 stores amid a global helium shortage

  • Sebastian
  • May 10, 2019

  Party City shuts down stores, partly blames helium shortages.  The New Jersey-based party supplies […]

PROMESA Board Selective Process, Bad Actors, Congress and Distrust
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PROMESA Board Selective Process, Bad Actors, Congress and Distrust

  • Pedro
  • April 27, 2019

  On Wednesday April 24th, in Federal court located in San Juan and streamed live […]

Puerto Rico $2.7 million Fiscal Oversight Management Board in PR Contracts
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Puerto Rico $2.7 million Fiscal Oversight Management Board in PR Contracts

  • Pedro
  • April 15, 2019

  The Fiscal Oversight Financial Board (FOMB) that controls the financial decisions of the government of Puerto […]

Judge Swain Rules on Puerto Rico’s COFINA Bonds
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Judge Swain Rules on Puerto Rico’s COFINA Bonds

  • Pedro
  • February 5, 2019

  On Monday, February 4th Judge Laura Taylor Swain, judge presiding the Bankruptcy hearings for […]

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