Assured Guaranty Ltd. Filed an adversary complaint challenging the Commonwealth of Puerto Rico’s “illegal diversion” of special revenue bond collateral that secures the payment of Puerto Rico Highways and Transportation Authority bonds.
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.
Financial Oversight and Management Board for Puerto Rico Executive Director Natalie A. Jaresko urged local manufacturers to be an “active part of the island’s turnaround."