Mayagüez MD sues Triple-S for ‘endangering’ patients
June 27, 2017
Sifredo Acarón, a hematologist-oncologist based in Mayagüez, filed a lawsuit against healthcare insurer Triple-S Salud Inc. and Triple-S Medicare Advantage Inc. for canceling his contract effective June 30.
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CIJ sues Oversight Board, Rosselló administration
June 2, 2017
The Center for Investigative Journalism (CIJ) filed at the U.S. District Court for Puerto Rico a lawsuit against the Financial Oversight and Management Board protected by the Constitution and the laws of Puerto Rico, which recognize access to information as a fundamental human and constitutional right.
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Scotiabank sues P.R. gov’t over loan repayment
September 29, 2016
Scotiabank Puerto Rico on Wednesday filed a complaint against the government of Puerto Rico to prevent the diversion and expropriation of certain tax revenue pledged as collateral to secure a loan the bank extended to the Metropolitan Bus Authority.
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P.R. business groups challenge power rate hike
August 19, 2016
A group of nine leading Puerto Rico industry and business associations on Tuesday filed a legal challenge against a Puerto Rico Energy Commission move to impose the first in a series of what they called “unlimited, blank check" rate increases under the Puerto Rico Electric Power Authority debt-restructuring agreement.
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7 PR trade groups to file case to block energy rate hike
August 17, 2016
Seven Puerto Rico trade groups will announce today the filing of a lawsuit to block what they call the “disastrous” rate hike proposed under the Puerto Rico Electric Power Authority restructuring deal.
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GDB bondholders seek to continue court challenge
July 5, 2016
Puerto Rico Government Development Bank bondholders filed a motion to ensure that they may continue to pursue their constitutional challenges to the Puerto Rico Emergency Moratorium and Financial Rehabilitation Act, Law 21 of 2016, known as the “Moratorium Act.”
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GO bondholders sue P.R. over debt avoidance legislation
June 21, 2016
Certain entities owning Puerto Rico's General Obligation bonds filed a suit in the U.S. District Court for the Southern District of New York today, seeking to invalidate the Emergency Moratorium and Financial Rehabilitation Act enacted by the Commonwealth to delay the repayment of debts.
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Bondholders sue GDB to stop ‘preferential transfers’
April 5, 2016
A group of holders of outstanding bonds of the Government Development Bank for Puerto Rico filed a complaint in the U.S. District Court for the District of Puerto Rico Monday seeking to enjoin certain transfers of assets by GDB they claim are prohibited under Puerto Rico law.
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AT&T settles disability discrimination suit, to pay $250K
March 3, 2016
Wireless carrier AT&T will pay $250,000, reinstate an employee, and furnish other relief to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission, the agency announced Wednesday.
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Ambac sues Puerto Rico gov’t over ‘illegal’ clawbacks
January 8, 2016
New York-based Ambac Financial Group Inc. on Thursday filed a lawsuit to protect its rights against what it deemed the “illegal" clawback of certain revenue by the Commonwealth put into effect last month.
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CPI sues gov’t over refusal to disclose hedge fund info
July 14, 2015
The Center for Investigative Journalism filed a civil suit Monday against the government over its refusal to provide the names of the hedge funds that are getting ready to renegotiate or demand complete payment of Puerto Rico’s public debt.
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Lawmaker sues government over restructuring reports
October 27, 2014
Citing local and federal Constitutional rights that establish freedom of information, New Progressive Party Rep. José Enrique Meléndez filed a lawsuit against the Government Development Bank and Gov. Alejandro García-Padilla, asking the court to order them to release reports crafted by private firms proposing a restructuring of Puerto Rico’s economy.
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Dunkin’ Donuts closes all Puerto Rico shops
October 9, 2014
More than 13 years after establishing itself on the island, Dunkin’ Donuts is pulling out of the Puerto Rico market, closing its 18 locations on the island that were operated by franchisee Wometco Donas Inc., this media outlet confirmed Wednesday.
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Court orders Doral, Treasury to negotiate tax refund deal
August 12, 2014
The saga between Doral Financial Corp. and the Puerto Rico Treasury Department that began earlier this summer took another turn recently, when a local court ordered the parties to sit down and negotiate an agreement that would grant the bank a $229 million tax refund.
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BlueMountain Capital Management sues gov’t, PREPA
July 22, 2014
BlueMountain Capital Management, LLC filed a lawsuit on Tuesday against the government of Puerto Rico, challenging the legality of a new law that allows certain public corporations to avoid their debts.
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