Asociación de Salud Primaria de P.R., Inc. v. Commonwealth (In re Fin. Oversight & Mgmt. Bd. for P.R.)

Nor is the Court's exclusive jurisdiction over the property of the Commonwealth as a Title III debtor preclusive of remand or abstention. Suffice it to say that the Objectors' property-based exclusive jurisdiction argument would nullify the remand and abstention provisions of PROMESA and of the federal Bankruptcy Code entirely, since both statutes provide that the Court has exclusive jurisdiction of the property of the debtor or of the estate, as applicable.

Objectors' Further PROMESA Section 7 Arguments

The Corporación asserts that Section 7 of PROMESA requires this Court to hear the Removed…