Puerto Rico bankruptcies were up 1 percent in January, when 739 cases were filed at the U.S. Bankruptcy Court, research firm Boletín de Puerto Rico disclosed Tuesday.
Boricua JE Broadcasting Corp., the company that until last year managed the programming of the 740 AM station formerly known as “Boricua 740,” filed for Chapter 7 liquidation at the U.S. Bankruptcy court in San Juan this week.
Hill Construction Corp., a construction development pioneer that has been doing business in Puerto Rico for almost 40 years, filed for Ch. 11 bankruptcy protection earlier this week, listing more than $13.5 million in accrued debt.