On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act became law. It expands the SBA’s Section 7(a) Business Loan...

Our Managing Member, Rafael M. Arrillaga, recently filed in the United States Court for the District of Puerto Rico an Amicus Curiae Brief on behalf of the PDP Caucus of the Senate of Puerto Rico in support of the position that, notwithstanding a plan confirmation order, the new bond legislation authorizing the plan of adjustment covering Puerto Rico Sales Tax Revenue Bonds only contractually binds the Commonwealth of Puerto Rico. It is therefore subject to amendment or repe

Our Managing Member, Rafael M. Arrillaga, recently filed in the United States Court for the District of Puerto Rico an Amicus Curiae Brief on behalf of the PDP Caucus of the Senate of Puerto Rico in support of the position that the Puerto Rico Oversight, Management, and Economic Stability Act ( PROMESA ) should not be judicially interpreted in a manner that substantially alters the existing political relationship between the United States and Puerto Rico. — Read on...

Our Managing Member, Rafael M. Arrillaga, recently penned an op-ed highlighting how the seemingly unavoidable future changes to the political relationship between Puerto Rico and the United States constitute meaningful credit risk with respect to the public debt of the Commonwealth of Puerto Rico. — Read on caribbeanbusiness.com/the-cat-is-out-of-the-bag/