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Puerto Rico Exits Bankruptcy, Solidifying The Protection Of Retirees' Interests - Insolvency/Bankruptcy/Re-structuring - Vimarsana News

Puerto Rico Exits Bankruptcy, Solidifying The Protection Of Retirees' Interests - Insolvency/Bankruptcy/Re-structuring

On January 18, 2022, US District Court Judge Laura Taylor Swain confirmed the Plan of Adjustment for the Commonwealth of Puerto Rico in the Commonwealth's restructuring case under Title III of the Puerto Rico Oversight, Management, and Economic Stability Act.

Source: mondaq.com
USA Gymnastics OK'd To Solicit Votes For $400M Ch. 11 Plan - Vimarsana News

USA Gymnastics OK'd To Solicit Votes For $400M Ch. 11 Plan

The national governing body for competitive gymnastics received approval Monday from an Indiana bankruptcy judge to begin soliciting votes from creditors for its proposed Chapter 11 plan that will create a $400 million settlement fund for sexual abuse claimants.

Source: law360.com