IN RE FINANCIAL OVERSIGHT & MANAGEMENT BD. FOR PR

Nos. 18-1165, 18-1166.

931 F.3d 111 (2019)

IN RE: the FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO, as Representative for the Commonwealth of Puerto Rico; the Financial Oversight and Management Board for Puerto Rico, as Representative for the Puerto Rico Highways & Transportation Authority, Debtors. Assured Guaranty Corporation; Assured Guaranty Municipal Corporation; Financial Guaranty Insurance Company; National Public Finance Guarantee Corporation, Plaintiffs, Appellants, v. The Financial Oversight and Management Board for Puerto Rico, as Representative for the Commonwealth of Puerto Rico; Financial Oversight and Management Board for Puerto Rico; Puerto Rico Fiscal Agency and Financial Advisory Authority; the Financial Oversight and Management Board for Puerto Rico, as Representative for the Puerto Rico Highways & Transportation Authority; Ricardo Rosselló-Nevares; Gerardo José Portela-Franco; Carlos Contreras-Aponte; José Iván Marrero-Rosado; Raúl Maldonado-Gautier; Natalie A. Jaresko, Defendants, Appellees, José B. Carrión III; Andrew G. Briggs; Carlos M. García; Arthur J. González; José R. González; Ana J. Matosantos; David A. Skeel, Jr.; Christian Sobrino, Defendants.

United States Court of Appeals, First Circuit.

Entered: July 31, 2019.


ORDER OF COURT

The central issue in this case is whether the creditor-bondholders, without first obtaining permission from the Title III court, may commence a judicial proceeding...

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