Puerto Rico’s Employees Retirement System Tag Archives

February 06, 2019

Updated: February 06, 2019

U.S. First Court of Appeals Reverses Lower Court and Rules that Puerto Rico Bondholders Have a Valid Claim on Pension Fund Assets

The First Circuit Court of Appeals has reversed a district court ruling from the lower court over whether bondholders of nearly $3 billion of debt issued by Puerto Rico’s Employees Retirement System (ERS) have a claim on the pension fund’s assets. The pension fund is designated for the island’s public…

Articles Posted in Puerto Rico’s Employees Retirement System