{"id":59402,"date":"2017-08-10T08:14:44","date_gmt":"2017-08-10T12:14:44","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=59402"},"modified":"2017-08-10T08:14:44","modified_gmt":"2017-08-10T12:14:44","slug":"aurelius-hedge-fund-seeks-to-toss-puerto-ricos-bankruptcy-filing-2","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/08\/2017\/aurelius-hedge-fund-seeks-to-toss-puerto-ricos-bankruptcy-filing-2.html","title":{"rendered":"Aurelius Hedge Fund Seeks To Toss Puerto Rico&#8217;s Bankruptcy Filing"},"content":{"rendered":"<p>(Reuters) Puerto Rico&#8217;s bankruptcy, aimed at restructuring $72 billion of debt, violates the U.S. Constitution and should be dismissed, the Aurelius Capital Management hedge fund said in a court filing on Monday.   The U.S. commonwealth&#8217;s federally appointed oversight board initiated its debt-cutting proceeding in May under a law known as PROMESA. Puerto Rico is barred from traditional municipal bankruptcy protection under Chapter 9 of the U.S. code.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-puertorico-debt-bankruptcy-idUSKBN1AN27H\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Puerto Rico&#8217;s bankruptcy, aimed at restructuring $72 billion of debt, violates the U.S. Constitution and should be dismissed, the Aurelius Capital Management hedge fund said in a court filing on Monday. The U.S. commonwealth&#8217;s federally appointed oversight board initiated [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-59402","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=59402"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59402\/revisions"}],"predecessor-version":[{"id":59403,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59402\/revisions\/59403"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=59402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=59402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=59402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}