Watson Institute for International and Public Affairs

Puerto Rico passes emergency law allowing a halt on debt payments

April 19, 2016 The Bay State Banner

Deepak Lamba-Nieves comments on the emergency law in Puerto Rico that just passed, allowing a halt on debt payments until January 2017. "While the hedge funds had legitimate claims to payment by GDB, if their request to halt the bank’s spending was granted, the result could be disastrous."

Puerto Rico passes emergency law allowing a halt on debt payments (Deepak Lamba-Nieves quoted) – The Bay State Banner