All posts tagged "Francisco Besosa"

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  Hearing set for Puerto Rico’s Employees Retirement System case

  ERS bondholders are asking Judge Swain to lift the stay and grant them 'adequate protection' over potential loss of government contributions that secure payment of their bonds

  • Posted June 8, 2017
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  Besosa stays liability claims against Puerto Rico government

  Title III bankruptcy process provides stay on legal claims

  • Posted May 18, 2017
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  Besosa to Hear Altair’s Claims in Court

  Altair had the court to overturn Besosa’s decision to maintain the stay on all liability claims imposed by Promesa

  • Posted January 13, 2017
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  Oversight Board appeals ruling that barred it from intervening in several lawsuits against commonwealth

  SAN JUAN – The Financial Oversight and Management Board has appealed a U.S. District Court ruling that stopped it from intervening in several consolidated suits filed against the government. The board had filed a motion in October to intervene...

  • Posted November 28, 2016
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  Judge Besosa rules in favor of Promesa stay on litigation

  SAN JUAN – U.S. Federal Judge Francisco Besosa declined Wednesday night to lift the automatic stay imposed by Promesa in three consolidated cases, yielding a major victory to the commonwealth in its efforts to get breathing space to...

  • Posted November 2, 2016
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  Fiscal Board Seeks Reconsideration of Besosa’s Ruling

  Board says judge made at least 'three manifest errors of law'

  • Posted November 2, 2016
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  Lawyer believes Besosa may lift stay in two of four lawsuits

  SAN JUAN—U.S. District Court Judge Francisco Besosa may be lifting the stay on two of four lawsuits from bondholders who, among other things, are challenging the constitutionality of the Puerto Rico Emergency Moratorium and Financial Rehabilitation Act, lawyer John Mudd said Thursday. During...

  • Posted October 6, 2016
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  Court Challenge to Promesa Moves Forward

  Ruling further challenges Promesa provision to stay lawsuits against the commonwealth

  • Posted July 20, 2016
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  Commonwealth Must Answer Suit Despite Stay Imposed by Promesa, Federal Judge Says  

  SAN JUAN – U.S. District Court Judge Francisco Besosa gave the government until July 26 to answer a complaint filed by National Public Finance Guarantee to invalidate the Puerto Rico Emergency and Financial Rehabilitation Act despite a...

  • Posted July 11, 2016
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  Federal Judge Declines Commonwealth’s Lawsuit Stay Requests

  SAN JUAN – U.S. District Court Judge Francisco Besosa declined Friday notices of Automatic Stay filed by the commonwealth to freeze lawsuits filed by a bondholders group and three firms to invalidate the Puerto Rico Emergency Moratorium...

  • Posted July 8, 2016