Lex Claims, LLC v. Garcia-Padilla

OPINION AND ORDER

BESOSA, District Judge

This action arises from the Commonwealth ' of Puerto Rico (the “Commonwealth”)’s default on general obligation bonds (“GO bonds”). Plaintiffs (“GO Bondholders”) are beneficial owners of GO bonds. The GO Bondholders filed suit against the Commonwealth, the Governor of the Commonwealth, the Secretary of the Treasury of the Commonwealth, the Director of the Office of Management and Budget of the Commonwealth, the Puerto Rico Sales Tax Financing Corporation (“COFINA”), the Executive Director- Of COFINA, and the Bank of New York Mellon Corporation…