| Title | : | Puerto Rico Approved to Exit Bankruptcy, Ending Record Saga |
| Duration | : | 03:21 |
| Viewed | : | 2,405 |
| Published | : | 20-01-2022 |
| Source | : | Youtube |
The judge overseeing Puerto Rico’s bankruptcy approved its debt-cutting plan, a decision that leaves the island poised to exit bankruptcy after hurricanes, political turmoil and the pandemic prolonged the more than four-year process.
U.S. District Court Judge Laura Taylor Swain released the ruling Tuesday, saying “the provisions of the plan constitute a good faith, reasonable, fair, and equitable compromise and settlement of all claims and controversies resolved pursuant to the plan.”
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