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U.S. lawmakers endorse 'stay' on litigation in Puerto Rico rescue
Source: Reuters
Politics | Wed May 25, 2016 11:45am EDT
U.S. lawmakers endorse 'stay' on litigation in Puerto Rico rescue
U.S. lawmakers on Wednesday endorsed a temporary hold, or 'stay', on litigation while officials hammer out a rescue for cash-strapped Puerto Rico.
A House of Representatives panel rejected a plan that would allow investor lawsuits to continue while officials try mediate disputes among creditors to the island state.
(Reporting By Patrick Rucker)
U.S. lawmakers endorse 'stay' on litigation in Puerto Rico rescue
U.S. lawmakers on Wednesday endorsed a temporary hold, or 'stay', on litigation while officials hammer out a rescue for cash-strapped Puerto Rico.
A House of Representatives panel rejected a plan that would allow investor lawsuits to continue while officials try mediate disputes among creditors to the island state.
(Reporting By Patrick Rucker)
http://www.reuters.com/article/us-puertorico-debt-congress-idUSKCN0YG29R
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