Latest Bankruptcy figures News
Puerto Rico governor rejects budget in new clash with board
SAN JUAN, Puerto Rico (AP) — Puerto Rico’s governor announced Thursday that he was rejecting a proposed $12.4 billion budget filed by a federal control board overseeing the island’s finances and would submit his own version as the U.S. territory emerges from bankruptcy. The...
Nevada bankruptcies amid pandemic lower than Great Recession
LAS VEGAS (AP) — The pandemic may not have hit Nevada as hard economically as the Great Recession, based on bankruptcy filings. Data shows bankruptcy filings last year were a little over a quarter of what they were more than 10 years ago, the Las Vegas Sun reported Monday. ...
Puerto Rico exits bankruptcy after grueling debt negotiation
SAN JUAN, Puerto Rico (AP) — Puerto Rico’s government formally exited bankruptcy Tuesday, completing the largest public debt restructuring in U.S. history after announcing nearly seven years ago that it was unable to pay its more than $70 billion debt. The exit means that the...
