Home » Professional Practice Areas » Puerto Rico

Milk Indus. Regulatory Office v. Ruiz Ruiz

  • Summarized by Paris Gyparakis , Porzio, Bromberg & Newman, P.C.
  • 1 month 2 weeks ago
Citation:
22-1761 (1st Circuit, Nov 21,2024) Not Published
Case Status:
Reversed
Ruling:
The planned auction of the debtor's milk quota by the Puerto Rico agency that regulates milk production (ORIL) falls squarely within the "police power" exception to the automatic stay under 11...
Judge(s):
U.S. Circuit Judges David F. Hamilton, Julie Rikelman and O. Rogeriee Thompson (Opinion by Hamilton)
Tag(s):

Fin. Oversight & Mgmt. Bd. v. U.S. Bank N.A. (In re Fin. Oversight & Mgmt. Bd.)

  • Summarized by David Treacy , U.S. Bankruptcy Court, Eastern District of Kentucky
  • 2 months 2 days ago
Citation:
23-2036, 23-2049, 23-2050, 23-2052, 23-2053, 23-2054, 23-2057 (1st Circuit, Nov 13,2024) Published
Case Status:
Affirmed in part and Reversed in part
Ruling:
The U.S. Circuit Court for the First Circuit held (1) parties holding revenue bonds issued by the Puerto Rico Electric Power Authority (PREPA) have a non-recourse claim on PREPA's estate for the...
Judge(s):
Kayatta, Howard, and Rikelman
Tag(s):

FOMB v. AmeriNational Community Services, LLC District Court of Puerto Rico, San Juan

Citation:
23-1747 (1st Circuit, Jul 17,2024) Published
Case Status:
Affirmed
Ruling:
Title VI of the Puerto Rico Oversight, Management, and Economic Stability Act does not alter the legal standard, found in both New York and Puerto Rico law, that the terms of a final contract...
Judge(s):
Montecalvo, Lipez, and Rikelman, Circuit Judges
Tag(s):

IN RE: THE FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO

Citation:
23-1045 23-1046 23-1047 23-1048 23-1049 (c0nsolidated) (1st Circuit, Feb 09,2024) Published
Case Status:
Affirmed
Ruling:
The pre-petition work claims were not for "back pay attributable to any period of time occurring after commencement of the case" and thus did not qualify for administrative-expense priority under...
Judge(s):
Montecalvo, Lipez, and Thompson,
Tag(s):

GOLDENTREE ASSET MANAGEMENT LP v THE FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO

Citation:
23-1737 (1st Circuit, Jan 22,2024) Published
Case Status:
Affirmed
Ruling:
In an opinion arising out of the restructuring of Puerto Rico's public power company (PRRS and PREPA), the U.S. Court of Appeals for the First Circuit held that GoldenTree Asset Management and...
Judge(s):
William J. Kayatta Jr.; O. Rogeriee Thompson; and Julie Rikelman
Tag(s):

In re TRIANGLE CAYMAN ASSET COMPANY

Citation:
19-1251, 19-1786, 20-1284 (1st Circuit, Oct 24,2022) Published
Case Status:
Affirmed
Ruling:
In a case so complex to require a timeline, the U.S. Court of Appeals for the First Circuit (Circuit) dismissed those aspects deemed moot without any merit review but affirmed the grant of summary...
Judge(s):
Gustavo Gelpí; Kermit V. Lipez; and O. Regeriee Thompson
Tag(s):

IN RE- BUILDERS HOLDING CO., CORP

  • Summarized by William Amann , Amann Burnett, PLLC
  • 2 years 5 months ago
Citation:
21-1299 (1st Circuit, Jul 28,2022) Published
Case Status:
Reversed and Remanded
Ruling:
A question remains whether the set-off that Oriental Bank asserts here is senior to the secured interest that MAPFRE has in the same collateral under Puerto Rico law, as well as the fact-laden...
Judge(s):
USCA, 1st Cir. C.J. Barron, Howard and Gelpi
Tag(s):

In re CALEB NEIRA RIVERA

  • Summarized by Hale Lake , Hinshaw & Culbertson LLP
  • 3 years 3 months ago
Citation:
20-9003 (1st Circuit, Sep 17,2021) Published
Case Status:
Dismissed
Ruling:
The Chapter 7 debtor had no standing to appeal a bankruptcy court order overruling his objection to a secured creditor's proof of claim for deficiency following foreclosure. In order to have...
Judge(s):
Thompson, Dyk, Barron
Tag(s):

UTIER v. PREPA

Citation:
20-2041 (1st Circuit, Aug 12,2021) Published
Case Status:
Affirmed
Ruling:
The Court of Appeals affirms the Title III Court's ruling allowing certain expenses incurred by PREPA under a post petition contract to transfer the operations and management of PREPA to a private...
Judge(s):
Howard, Lynch, and Kayatta
Tag(s):

Miranda v Banco Popular de Puerto Rico

Citation:
20-9006 (1st Circuit, Aug 06,2021) Published
Case Status:
Affirmed
Ruling:
The U.S. Court of Appeals for the First Circuit (Circuit) affirmed the decision of the Bankruptcy Appellate Panel for the First Circuit (BAP), which itself affirmed the entry of summary judgment by...
Judge(s):
Jeffrey R. Howard; Sandra L. Lynch; and William J. Kayatta Jr.
Tag(s):

Pages

Bankruptcy News

Cobalt Miner Jervois in Rescue Deal to Better Compete with China

WSJ Pro Bankruptcy: Four Defining Themes in Corporate Restructuring in 2024

Do Kwon Pleads Not Guilty to U.S. Charges Over Terra Collapse

TGI Fridays Ex-CEO Blanchette To Take Over Chain’s Management

Diamond Sports Group Formally Emerges From Bankruptcy, Rebrands

About us in numbers

3743 in the system

3626 Summarized

0 Being Processed