Last week, Crowley announced that a French-built LNG tanker it recently purchased will begin supplying American natural gas to Puerto Rico. #NewsismyBusiness
By 2016, Puerto Rico’s government was in dire financial straits. To avoid bankruptcy, Congress enacted the Puerto Rico Oversight, Management, and Economic Stability Act (“PROMESA”), creating a board responsible for restructuring the island territory’s substantial public debts. But there are serious questions regarding the constitutionality of this Financial Oversight and Management Board for Puerto Rico […]
WASHINGTON — When it comes to Puerto Rico’s fiscal crisis, Washington is just as much to blame as San Juan.