Puerto Rico Judge Handled Seinfeld Cookbook, Madoff Cases
- Laura Taylor Swain to preside over $74 billion restructuring
- NYC-based judge will have power to impose cuts on creditors
Millstein Says Title III Was Inevitable for Puerto Rico
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A Manhattan-based federal judge with bankruptcy experience will oversee Puerto Rico’s debt restructuring, the biggest such case ever filed by a U.S. government body.
U.S. District Judge Laura Taylor Swain was appointed to the job by Supreme Court Chief Justice John G. Roberts in a filing Friday in federal court in San Juan, where the commonwealth’s Financial Oversight and Management Board sought creditor protection two days before.