A little over two weeks ago, the DC Circuit court vacated the Federal Communications Commission’s Open Internet rules stating that "even though the commission has general authority to regulate in this arena, it may not impose requirements that contravene express statutory mandates."
Bankruptcy filings skyrocketed in November, when a total of 823 cases were filed, representing a whopping 20 percent increase when compared to the same month last year, according to preliminary figures released by research firm Boletín de Puerto Rico.
Scrub Island Development Group Ltd., the owner of a posh resort in the British Virgin Islands, has filed for Chapter 11 protection in a Florida bankruptcy court to ward off a request for receivership granted to FirstBank Puerto Rico through which it seeks to collect on a $108 million loan.
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