P.R. bankruptcy filings drop 30% in July
August 2, 2011
Puerto Rico’s bankruptcy levels continued their downward trend last month, when the total number of companies and individuals who turned to the U.S. Bankruptcy Court for help was reduced by 30 percent in comparison to the same month in 2010.
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Borders on track for liquidation, P.R. exit likely
July 15, 2011
The decision Thursday by the U.S. Bankruptcy Court judge overseeing the Borders Chapter 11 proceeding could send the bookstore chain, which still has one location left in Puerto Rico, into a liquidation of its assets.
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Bankruptcies down 15% in June
July 1, 2011
Island bankruptcy cases for the month of June were down 15 percent, with personal cases filing the most marked drops, a preliminary tally from Boletín de Puerto Rico released Friday showed.
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