Bondholders withdraw claim against GDB over transfers
April 14, 2016
A little more than a week after filing a motion for a temporary restraining order (“TRO”) against the Government Development Bank, a group of creditors owning Puerto Rico bonds confirmed Wednesday they have withdrawn their request.
chat_bubble0 Comment
visibility2176 Views
Puerto Rico bankruptcies soar in Nov., up 23%
December 4, 2015
Bankruptcy filings soared by 23 percent in November, when a total of 950 cases were filed, in comparison to the same month last year, according to preliminary figures released by research firm Boletín de Puerto Rico Thursday.
chat_bubble0 Comment
visibility2504 Views
Security guard co. ordered to pay $166K in back wages
December 2, 2015
San Juan-based security guard company Optimus Investigations Corp. and its owner Jorge Rivera-Berríos has been ordered to pay more than $166,000 in back wages and liquidate damages to 243 employees misclassified as independent contractors, the U.S. Department of Labor announced Tuesday.
chat_bubble0 Comment
visibility2887 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
