Altair Corporation, Formerly Caribbean Finance Co., Inc. v. Carmen Pesquera De Busquets and Angel S. Biaggi
Court of Appeals for the First Circuit
1Opinion of the Court
DAVIS, Circuit Judge.
Appellant Altair Corp. brought this action in the United States District Court for the District of Puerto Rico alleging a violation of the Civil Rights Act of 1871, 42 U.S.C. § 1983 (1982), by appellees Pesquera de Busquets and Biaggi, former Acting Secretary and Secretary of the Puerto Rico Department of Consumer Affairs (DOCA) (we refer to both as “the Secretary”). Altair alleges that Pesquera deprived Altair of its property in the amount of $1,605,-342.47 when without public hearings she promulgated Order No. 1 on July 14, 1980, lowering the maximum lawful interest…
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