Problems with internal reviews of data related to its allowance for loan and lease losses and the related provision for loan and lease losses will prevent Doral Financial Corp. to file its 2013 annual report in a timely manner with the Securities and Exchange Commission, the bank told the regulator Tuesday.
The Puerto Rico bankruptcy court saw a slight 2 percent drop in activity in October, when 1,020 cases were filed. During the first 10 months of the year, filings dropped by 4 percent to 9,165 cases, according to research firm Boletín de Puerto Rico, which collects and analyzes court data.
Puerto Rico Treasury Department officials confirmed Wednesday that the agency is still reviewing 7 percent of all tax returns claiming a refund.