The U.S. Bankruptcy Court for the District of Puerto Rico received 3,160 petitions from January to May, when filings were up 1.1% in comparison to the same five-month period in 2018, according to information provided by local research firm Boletín de Puerto Rico. When broken down into categories, about 1,882 of those petitions were from […]
The report showed increased activity in three of the four categories, with a marked jump in Chapter 11 cases.
Two boutique hotels in San Juan and a third in Vieques have been included in separate Chapter 11 bankruptcy petitions filed this week by owner John Dennis-Brull.