Posts Categorized: Top Stories

First Circuit Affirms Ruling Rejecting Puerto Rico Bankruptcy Law

The First Circuit Court has affirmed a lower court ruling striking down a Puerto Rican bankruptcy law, holding that Chapter 9 of the the federal bankruptcy code preempts the U.S. territory’s law. In rejecting the insular law, the court acknowledged defendants’ claim that this result leaves Puerto Rico without relief.  The opinion also noted that Congress may provide… Read more »

Biden Official Raises Possibility of Financial Assistance for Puerto Rico

Vice President Biden’s Chief Economist, Benjamin Harris, Friday raised the possibility of financial assistance from the U.S. Treasury for Puerto Rico if the territory’s fiscal problems are not resolved. Treasury Department officials have previously indicated that they do not foresee Federal financial assistance. Government of Puerto Rico officials have lobbied for the Federal government for Federal… Read more »

Federal Prosecutor Leniency Backfires in Puerto Rico Sex Crime Case

Will a sexual predator escape conviction for federal sex crimes because the U.S. Department of Justice bungled interpretation of ambiguous federal laws defining Puerto Rico’s political status? Unless a federal judge’s recent ruling is appealed by federal prosecutors and reversed by an appellate court, 3.5 million U.S. citizens in the territory of Puerto Rico no… Read more »

Debt, Financial Crisis, and Puerto Rico’s Political Status

Recent headlines about Puerto Rico have focused on Puerto Rico’s debt and its related financial crisis.  While the island’s significant fiscal problems have overshadowed the status debate lately, some press coverage is ultimately finding its way back to questions involving Puerto Rico status as U.S. territory and the impact that status has had in causing and resolving current… Read more »

10 Reasons Why Every American Should Care about Puerto Rico

We’ve said from the beginning that Puerto Rico’s status is an issue for every American. The Huffington Post recently listed five reasons we should all care about Puerto Rico’s financial crisis: Puerto Ricans are U.S. citizens. Since 1917, to be precise. Puerto Rico matters in U.S. elections. Residents of Puerto Rico can’t vote in presidential… Read more »