news paper icon

Analyzed News

Puerto Rico Declares a Form of Bankruptcy

The island’s governor said he would move its debt crisis into federal bankruptcy court, making it the largest United States government entity to seek refuge from creditors in American history. [Source]

Publication Date:

Origin: nytimes.com

Category: Puerto Rico

Topics: history, American, creditors, refuge, entity, government, States, United, largest, making, court, bankruptcy, federal, crisis, would, governor, island’s, Bankruptcy, Declares, Puerto

Source: https://www.nytimes.com/2017/05/03/business/dealbook/puerto-rico-debt.html?partner=rss&emc=rss