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    You are at:Home»Faculty»Puerto Rico Collapse Shows Debts Seen As Iron Clad May Not Be So

    Puerto Rico Collapse Shows Debts Seen As Iron Clad May Not Be So

    0
    By on May 4, 2017 Faculty, In the News

    Andrew Kent was referenced in a Bloomberg article about Puerto Rico’s decision to use a U.S. court to escape from its debts.

    “If Congress acting under Article I powers were to amend the bankruptcy code to allow either voluntary or involuntary debt adjustment for U.S. states, very serious questions would be raised about unconstitutionality,” wrote Fordham University School of Law Professor Andrew Kent in a April 20, 2016 letter to the congressional committee that drafted Puerto Rico’s oversight law.

    Read the article here.

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