In 2016, as a debt-ridden Puerto Rico tried and failed to protect its assets from rapacious creditors, Congress enacted the Puerto Rico Oversight and Economic Management Act (PROMESA). PROMESA created the Financial Oversight and Management Board, a group of unelected officials charged with helping Puerto Rico restructure its debt and “achieve fiscal responsibility.” To the surprise of many, the Oversight Board was empowered to invalidate Puerto Rican laws, strong-arm the Puerto Rican government into accepting draconian spending cuts in education, healthcare, and pensions and sue officials who refused to comply. Sadly, the extent of power given to the Oversight Board comes as no surprise to those familiar with the consequences as Puerto Rico...
On June 30, 2016, in a controversial and bipartisan effort, the Puerto Rico Oversight, Management, a...
Few still believe that Puerto Rico is capable of meeting all of its financial obligations and contin...
Puerto Rico is in the midst of an economic calamity. The U.S. Territory faces a $73 billion debt, an...
In 2016, as a debt-ridden Puerto Rico tried and failed to protect its assets from rapacious creditor...
With this dramatic announcement, Governor Alejandro García Padilla transformed the island nation’s l...
As the United States ascended to hyper-power status during the late 1970s, it changed colonial polic...
Puerto Rico’s sovereignty status is an anomaly. Since the United States acquired the island in 1898,...
Puerto Rico has incurred debt well beyond its ability to repay. It attempted to address its fiscal w...
PROMESA was signed with the purpose of helping the island’s economy recover from its crippling indeb...
This paper provides a comprehensive breakdown of the ongoing economic crisis in the Commonwealth of ...
In 2015, domestic and international creditors were bracing for a historic financial event as the Uni...
Puerto Rico is suffering through multiple crises. Two are obvious: a financial crisis triggered by t...
In Puerto Rico v. Franklin California Tax-Free Trust, the Supreme Court held that Puerto Rico’s Reco...
The island of Puerto Rico has a rich culture and a storied history. This history is also plagued by ...
The United States Supreme Court’s October 2015 Term will go down in history as the most significant ...
On June 30, 2016, in a controversial and bipartisan effort, the Puerto Rico Oversight, Management, a...
Few still believe that Puerto Rico is capable of meeting all of its financial obligations and contin...
Puerto Rico is in the midst of an economic calamity. The U.S. Territory faces a $73 billion debt, an...
In 2016, as a debt-ridden Puerto Rico tried and failed to protect its assets from rapacious creditor...
With this dramatic announcement, Governor Alejandro García Padilla transformed the island nation’s l...
As the United States ascended to hyper-power status during the late 1970s, it changed colonial polic...
Puerto Rico’s sovereignty status is an anomaly. Since the United States acquired the island in 1898,...
Puerto Rico has incurred debt well beyond its ability to repay. It attempted to address its fiscal w...
PROMESA was signed with the purpose of helping the island’s economy recover from its crippling indeb...
This paper provides a comprehensive breakdown of the ongoing economic crisis in the Commonwealth of ...
In 2015, domestic and international creditors were bracing for a historic financial event as the Uni...
Puerto Rico is suffering through multiple crises. Two are obvious: a financial crisis triggered by t...
In Puerto Rico v. Franklin California Tax-Free Trust, the Supreme Court held that Puerto Rico’s Reco...
The island of Puerto Rico has a rich culture and a storied history. This history is also plagued by ...
The United States Supreme Court’s October 2015 Term will go down in history as the most significant ...
On June 30, 2016, in a controversial and bipartisan effort, the Puerto Rico Oversight, Management, a...
Few still believe that Puerto Rico is capable of meeting all of its financial obligations and contin...
Puerto Rico is in the midst of an economic calamity. The U.S. Territory faces a $73 billion debt, an...