Legal Opinion

Puerto Rico Asphalt, LLC v. Betteroads Asphalt, LLC

District Court, D. Puerto Rico

Decided February 11, 2020No. 3:19-cv-01661Unknown

1Opinion

THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF PUERTO RICO PUERTO RICO ASPHALT, LLC, Appellant v. Civil 19-1661 (ADC) BETTEROADS ASPHALT, LLC, Appellee. OPINION & ORDER Pending before the Court is Puerto Rico Asphalt, LLC’s (“PRA”) Urgent Motion for Stay Pending Appeal. ECF No. 3. Firstbank Puerto Rico, Banco Santander de Puerto Rico, the Economic Development Bank for Puerto Rico, and Banco Popular (collectively the “lenders”) opposed. ECF No. 10. PRA replied. ECF No. 14. For the reasons set forth below, PRA’s motion is DENIED. I. Background On June 9, 2017, the lenders, St. James…

2Cases cited20 opinions

  1. Nken v. HolderSupreme Court of the United States · 2009
  2. Hilton v. BraunskillSupreme Court of the United States · 1987
  3. Virginian Railway Co. v. United StatesSupreme Court of the United States · 1927
  4. Charlesbank Equity Fund II v. Blinds to Go, Inc.Court of Appeals for the First Circuit · 2004
  5. In Re Revel AC, Inc.Court of Appeals for the Third Circuit · 2015

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