The U.S. Supreme Court on Monday declined to take up a dispute over the assets o...
WASHINGTON - The U.S. Supreme Court on Monday declined to take up a dispute over the assets of Puerto Rico’s largest public sector pension fund even as the U.S. Caribbean island territory’s bankruptcy enters a major new phase.
The Financial Oversight and Management Board of Puerto Rico said the decision will not affect the proposed plan of adjustment it filed in federal court on Sept. 27 for the bankrupt island’s core government debt, which includes an unfunded pension liability of more than $50 billion. The pension fund litigation dates back to 2017, when the board initiated Puerto Rico’s bankruptcy and challenged claims by bondholders on those assets.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Supreme Court to hear Louisiana abortion case in first test for conservative majorityBREAKING: Supreme Court agrees to hear challenge to Louisiana law requiring doctors who perform abortions to have admitting privileges at nearby hospitals. The case will be the first involving abortion for the court's new majority of justices.
Weiterlesen »
Supreme Court to decide whether employers can legally fire workers because they're LGBTQLower federal courts are divided on whether existing federal civil rights law bars employers from discriminating on the basis of sexual orientation.
Weiterlesen »
Gay, transgender rights in spotlight as U.S. Supreme Court returnsThe U.S. Supreme Court kicks off its new term this week, with a major dispute on...
Weiterlesen »
Guns: Supreme Court keeps New York City gun rights case on 2019 docket
Weiterlesen »
India's Supreme Court halts tree felling for new Mumbai metroIndia's Supreme Court issued a stay order on Monday, halting the cutting of...
Weiterlesen »