A group of Government Development Bank for Puerto Rico creditors have filed an amended complaint in the U.S. District Court for the District of Puerto Rico challenging the constitutionality of certain aspects of the Puerto Rico Emergency Moratorium and Financial Rehabilitation Act, and certain related executive orders.
Puerto Rico Hotel and Tourism Association Chairman Miguel Vega expressed surprise Wednesday by the statements made by the Treasury Secretary questioning how long the trade group’s case against the agency on the validity of the regulation to authorize video lottery in Puerto Rico has been in the court.
The Center for Investigative Journalism (CPI, as it is known for its initials in Spanish) scored a legal victory in its fight against the government for access to information on the identity of Puerto Rico’s bondholders.
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