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.
The island's bankruptcy filings dropped in February, when 14.5 percent fewer cases were submitted to the court, versus the same month in 2016, according to preliminary numbers released Thursday by research company Boletín de Puerto Rico.