Puerto Rico Recovery Act May Be Struck DownVW Staff
Assured Guaranty Ltd. (NYSE:AGO), MBIA Inc. (NYSE:MBI) and Ambac Financial Group, Inc. (NASDAQ:AMBC) have exposures of $2.6 billion, $2.5 billion and $897.9 million respectively to various Puerto Rico entities that are eligible to restructure under Puerto Rico’s Public Corporations Debt Enforcement and Recovery Act (the Act).
(Read ourarticle on Puerto Rico’s Public Corporations Debt Enforcement and Recovery Act here.)
The Act has been challenged in Puerto Rico’s . . .
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