Legal Opinion

Aurelius Capital Master, Ltd. v. Commonwealth (In Re Fin. Oversight & Mgmt. Bd. for Puerto Rico)

Court of Appeals for the First Circuit

Decided March 26, 2019No. 18-1108PPublishedCited by 22 opinions

1Opinion of the Court

TORRUELLA, Circuit Judge.

We are once again required to consider an appeal arising from the restructuring of *642 Puerto Rico's public debt under Title III of the Puerto Rico Oversight, Management, and Economic Stability Act of 2016 ("PROMESA"). See generally Aurelius Inv., LLC v. Commonwealth of P.R. , 915 F.3d 838 , 844-47 (1st Cir. 2019) (discussing PROMESA and the capabilities of the Board it created). Appellants are Puerto Rico general obligation ("GO") bondholders ("Bondholders"). On June 27, 2017, they filed suit seeking injunctive and declaratory relief claiming that they possess a…

2Cases cited27 opinions

  1. Franchise Tax Bd. of Cal. v. Construction Laborers Vacation Trust for Southern Cal.Supreme Court of the United States · 1983
  2. Aetna Life Insurance v. HaworthSupreme Court of the United States · 1937
  3. Steffel v. ThompsonSupreme Court of the United States · 1974
  4. Williamson County Regional Planning Commission v. Hamilton Bank of Johnson CitySupreme Court of the United States · 1985
  5. Maryland Casualty Co. v. Pacific Coal & Oil Co.Supreme Court of the United States · 1941

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3Cited by22 opinions

  1. Marasco & Nesselbush, LLP v. CollinsCourt of Appeals for the First Circuit · 2021
  2. Jalbert v. SECCourt of Appeals for the First Circuit · 2019
  3. Asociacion Puertorriquena de Profesores Univ. v. University of Puerto RicoCourt of Appeals for the First Circuit · 2023
  4. Ambac Assurance Corp. v. Commonwealth (In Re Fin. Oversight & Mgmt. Bd. for Puerto Rico)Court of Appeals for the First Circuit · 2019
  5. Assured Guaranty Corp. v. Fin. Oversight & Mgmt. Bd. for Puerto Rico (In Re Fin. Oversight & Mgmt. Bd. for Puerto Rico)Court of Appeals for the First Circuit · 2019

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