Flag of the Commonwealth of Puerto Rico in front of Capitolio, San Juan, Puerto Rico.
The latest skirmish in the $120 billion Puerto Rico debt restructuring provides a window into the intense--and truly enormous--litigation.
July 09, 2019 at 02:02 PM
1 minute read
Editor and columnist at The Litigation Daily
Litigators sometimes describe their most intense cases as “drinking from a fire hose.” But the $120 billion Puerto Rico debt restructuring—that’s no fire hose. It’s Niagara Falls.
Consider that as of yesterday, the docket for the lead case in Puerto Rico federal court has had 7,860 entries in the last 26 months. That’s an average of 10 filings a day, 365 days a year.
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