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Automatic Stay Applies to ‘Ordinary Course’ Litigation in Puerto Rico, Circuit Holds

First Circuit finds no exceptions to the automatic stay under PROMESA subjecting Puerto Rico to ‘ordinary course’ litigation.

Judge Name - Do not use it.

David J. Barron

Presumptively Fraudulent Transfer Isn’t Enough to Appoint a Trustee, First Circuit Holds

First Circuit is uncharacteristically lenient on debtors in the context of a motion for a trustee.

Judge Name - Do not use it.

David J. Barron

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