Federal courts have no jurisdiction to review decisions by Puerto Rico’s Oversight Board regarding the reduction of pension benefits.

Federal preemption allowed rejection of the defined benefit pension plan for Puerto Rico’s teachers.

Constitutional arguments don’t entitle the creditor to stay relief.

Confirmation appeals in two big cases are dismissed on the same day for equitable mootness.

Appeals court says that the bankruptcy court must always address the existence of a trust when ruling on a motion to modify the automatic stay.