PUERTO RICO v. FRANKLIN CALIFORNIA TAX-FREE

Nos. 15-233, 15-255.

136 S.Ct. 1938 (2016)

195 L. Ed. 2d 298

Commonwealth Of PUERTO RICO, et al., Petitioners v. FRANKLIN CALIFORNIA TAX-FREE TRUST, et al.

Supreme Court of United States.

Decided June 13, 2016.


Attorney(s) appearing for the Case

Christopher Landau , Washington, DC, for the petitioners.

Matthew D. McGill , Washington, DC, for the respondents.

John E. Roberts , Andrea G. Miller , Laura Stafford , Proskauer Rose LLP, Boston, MA, José R. Coleman-Tió , Alejandro Febres Jorge , Luis J. López Valdés , Santurce, PR, Martin J. Bienenstock , Mark D. Harris , Sigal Mandelker , Philip M. Abelson , Ehud Barak , Proskauer Rose LLP, New York, NY, for Petitioners.

César Miranda Rodríguez , Secretary of Justice, Margarita Mercado Echegaray , Solicitor General, Department of Justice, San Juan, PR, Christopher Landau, P.C., Susan M. Davies , Claire McCusker Murray , Kirkland & Ellis LLP, Washington, DC, for Petitioners.

Thomas Moers Mayer , Philip Bentley , Amy Caton , David E. Blabey, Jr. , Kramer Levin Naftalis & Frankel LLP, for Respondents.

David C. Indiano , Jeffrey M. Williams , Leticia Casalduc-Rabell , Indiano & Williams, PSC, San Juan, PR, Matthew J. Williams , Gibson, Dunn & Crutcher LLP, New York, NY, Theodore B. Olson , Matthew D. McGill , Jonathan C. Bond , Lindsay S. See , Russell B. Balikian , Gibson, Dunn & Crutcher LLP, Washington, DC, for Respondent.


The Federal Bankruptcy Code pre-empts state bankruptcy laws that enable insolvent municipalities to restructure their debts over the objections of creditors and instead requires municipalities to restructure such debts under Chapter 9 of the Code. 11 U.S.C. § 903(1). We must decide whether...

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