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For the second time in as many months, the Supreme Court has denied review of a petition calling to overrule the Insular Cases. Today, the Supreme Court of the United States denied the petition for writ of certiorari filed by the Frente Amplio en Defensa de la Educación Pública (“FADEP”), an organization of teachers that broadly […]
Had the teachers' challenge succeeded, the cost to Puerto Rico could have been $1 billion. A challenge to the plan from credit unions is before the First Circuit Court of Appeals.
In a win for the Oversight Board and bondholders, an appeals court shut down a teachers' associations challenge, but another case challenging the plan has yet to be decided.