Legal Opinion
Peaje Investments LLC v. Garcia-Padilla
Court of Appeals for the First Circuit
Decided January 11, 2017No. 16-2377PPublishedCited by 32 opinions
1Opinion of the Court
HOWARD, Chief Judge.
These appeals involve the application of certain provisions of the Puerto Rico Oversight, Management, and Economic Stability Act (“PROMESA”), see 48 U.S.C. §§ 2101-2241, a statute enacted by Congress in June 2016 to address Puerto Rico’s financial crisis. As relevant here, PROMESA provides for a temporary stay of debt-related litigation against the Puer-to Rico government. See id. § 2194(a)-(b). But the statute does not leave creditors entirely without recourse during the presumptive pause. Rather, it allows them to move for relief from the stay and directs district courts…
2Cases cited25 opinions
- United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
- Crowell v. BensonSupreme Court of the United States · 1932
- United States v. Security Industrial BankSupreme Court of the United States · 1982
- Wright v. Union Central Life InsuranceSupreme Court of the United States · 1941
- Bank of New York Trust Co. v. Official Unsecured Creditors' CommitteeCourt of Appeals for the Fifth Circuit · 2009
20 more not listed; retrieve them via the Exa API.
3Cited by32 opinions
- Parent/Professional Advocacy League v. City of SpringfieldCourt of Appeals for the First Circuit · 2019
- Peaje Invs. LLC v. Fin. Oversight & Mgmt. Bd. for P.R. (In re Fin. Oversight & Mgmt. Bd. for P.R.)Court of Appeals for the First Circuit · 2018
- Méndez-Núñez v. Fin. Oversight & Mgmt. Bd. for P.R. (In re Fin. Oversight & Mgmt. Bd. for P.R.)Court of Appeals for the First Circuit · 2019
- Fin. Oversight & Mgmt. Bd. for P.R. v. Ad Hoc Grp. of PREPA Bondholders (In Re Fin. Oversight & Mgmt. Bd. for P.R.)Court of Appeals for the First Circuit · 2018
- Centro de Periodismo Investigativo, Inc. v. FOMBCourt of Appeals for the First Circuit · 2022
27 more not listed; retrieve them via the Exa API.