First Circuit says PREPA bondholders cannot reach Puerto Rico's central government funds

The appeals court ruled Sept. 24 that AEE bondholders have no claim on the island's central government money.

General Desk

Stands on 3 placed sources from 2 publishers.

AEE bondholders cannot take payments from Puerto Rico's central government, the United States First Circuit Court of Appeals ruled on Sept. 24.^[1]