All posts tagged "Lead Story"

• Scalia’s Death Affects U.S. Supreme Court Decisions on Puerto Rico

  The death of U.S. Supreme Court Justice Antonin Scalia affects the cases now before the top court, including two very important cases involving Puerto Rico, one on double jeopardy and the other on the validity of the...

  • Posted February 19, 2016
  • 0
• Hedge Funds: GDB Insolvency to Affect Co-op Health

  While practically all the attention has been paid to Puerto Rico’s debt-restructuring process, a group of lawyers and economists has complained that the commonwealth government has failed to deal with a looming crisis in the Government Development...

  • Posted February 19, 2016
  • 0
• Bond Exchange Seeks to Trade Value for Shared Pain

  The bond exchange the Puerto Rico government is proposing to holders of $49.2 billion of debt will have an impact on local bondholders who have a nominal value of around $15 billion in bonds. Economist Vicente Feliciano...

  • Posted February 11, 2016
  • 0
• Electoral Expert Says There is Room to Reduce Electoral Process Expenses

  Expenses incurred by the Puerto Rico State Elections Commission (CEE by its Spanish initials) for this year’s electoral cycle—which includes primaries and the general election—estimated at $90 million, can be reduced but changes cannot be left to...

  • Posted February 11, 2016
  • 0
• 
  Wal-Mart Civil Trial Challenging Transfer-Pricing Tax Gets Underway

  Wal-Mart Civil Trial Challenging Transfer-Pricing Tax Gets Underway The civil trial in the lawsuit that Wal-Mart Puerto Rico filed against the commonwealth government over the hike in the transfer-pricing tax got underway this week at the federal...

  • Posted February 5, 2016
• Pro-Statehood Lawyer: Excluding Puerto Rico From Bankruptcy Protection Violates Equal Protection Clause

  Pro-statehood lawyer Gregorio Igartúa urged the U.S. Supreme Court to rule that Puerto Rico is an “incorporated territory” of the U.S. to stop the discriminatory treatment against the island and rule the applicability of Chapter 9 of...

  • Posted February 1, 2016
  • 1
• Unfunded Pension Funds Ticking Time Bombs

  Lower Government Funding Hinders Stability of P.R.’s Three Main Retirement Systems In 2013, the Alejandro García Padilla administration, which had just entered office, enacted legislation to reform Puerto Rico’s ailing retirement systems, as their assets were quickly...

  • Posted February 1, 2016
  • 0
• 
  U.S. Congressional Legislation Opens Door to Tech-Based Governance

  Former Commonwealth CIO: ‘U.S. Actions on Puerto Rico’s fiscal crisis should bring local Government operations into 21st century’

  • Posted January 22, 2016