News & Analysis as of September 20, 2024

Supreme Court of the United States › Puerto Rico

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The United States Supreme Court is the highest court of the United States and is charged with interpreting federal law, including the United States Constitution. The Court's docket is largely discretionary with only a limited number of cases granted review each term. The Court is comprised of one chief justice and eight associate justices, who are nominated by the President and confirmed by the Senate to hold lifetime positions. less -

Puerto Rico Launches Climate Tort Lawsuit Against Fossil Fuel Companies

Mintz on 7/24/2024

Puerto Rico has become the latest governmental entity to launch a lawsuit against the major fossil fuel companies concerning tort claims related to climate change. These lawsuits have proliferated in state courts in recent...more

The Supreme Court Update - May 11, 2023

Dorsey & Whitney LLP on 5/12/2023

Today, the Supreme Court of the United States issued five decisions: National Pork Producers Council v. Ross, No. 21-468: This case involved a constitutional challenge to California’s “animal cruelty law” known as...more

Supreme Court Decides Financial Oversight Board v. CPI

Faegre Drinker Biddle & Reath LLP on 5/12/2023

On May 11, 2023, the U.S. Supreme Court decided Financial Oversight Board v. CPI, No. 22-96, holding that the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) does not abrogate sovereign immunity of the...more

The Supreme Court - October 3, 2022

Dorsey & Whitney LLP on 10/4/2022

Today, on the first day of the new term, the Supreme Court of the United States granted certiorari in nine cases: Gonzalez v. Google LLC, No. 21-1333: Section 203(c)(1) of the Communication Decency Act shields an...more

Supreme Court Decides Five Cases, Some of Which Lay Down Markers That Could Impact Future Decisions: SCOTUS Today

Epstein Becker & Green on 4/22/2022

Auguring a flood of opinions in the remaining weeks of the term, the Supreme Court decided five cases today. Some of them offer support for the media/popular equation of a political party background with jurisprudential...more

The Supreme Court - April 21, 2022

Dorsey & Whitney LLP on 4/22/2022

Boechler, P.C. v. Commissioner of Internal Revenue, No. 20-1472: This case involves the application of “equitable tolling” in tax “collection due process” cases. This case arose after the IRS sustained a proposed levy on the...more

Supreme Court Decides United States v. Vaello Madero

Faegre Drinker Biddle & Reath LLP on 4/22/2022

On April 21, 2022, the U.S. Supreme Court decided United States v. Vaello Madero, No. 20-303, holding that the Fifth Amendment’s Due Process Clause does not require Congress to make Supplemental Security Income (SSI) benefits...more

The Supreme Court - March 1, 2021

Dorsey & Whitney LLP on 3/2/2021

Today, the Supreme Court of the United States granted certiorari in two cases: United States v. Vaello-Madero, No. 20-303: Whether Congress violated the equal-protection component of the Due Process Clause of the Fifth...more

From the Top in Brief: U.S. Supreme Court Bankruptcy Roundup

Jones Day on 8/31/2020

Appointment of PROMESA Financial Oversight Board Was Constitutional - In Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, No. 18-1334, 590 U.S. ___ (June 1, 2020), the Supreme Court...more

Supreme Court Validates PR Financial Oversight Board, but Challenges Remain

Skadden, Arps, Slate, Meagher & Flom LLP on 8/5/2020

Since PROMESA was enacted in 2016 to pave the way for a comprehensive restructuring of Puerto Rico’s mounting municipal debt obligations, the U.S. District Court for the District of Puerto Rico (District Court) has become a...more

Supreme Court Clears Bankruptcy Restructuring of Puerto Rico Government Pension Plans

Ogletree, Deakins, Nash, Smoak & Stewart,... on 6/9/2020

On June 1, 2020, the Supreme Court of the United States issued a unanimous decision in Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, No. 18–1334, holding that the selection of the...more

Supreme Court Decides Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC

Faegre Drinker Biddle & Reath LLP on 6/2/2020

On June 1, 2020, the U.S. Supreme Court decided Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, holding that the Appointments Clause of the Constitution does not restrict the appointment...more

Financial Daily Dose 6.2.2020 | Top Story: CBO Projects Decade of Recovery and GDP-Contraction From Pandemic-Induced Econ Harm

Robins Kaplan LLP on 6/2/2020

New estimates from the Congressional Budget Office suggest that the “U.S. economy could take the better part of a decade to fully recover from the coronavirus pandemic and related shutdown” and see as much as a 3% contraction...more

SCOTUS to Review Constitutionality of Puerto Rico’s Oversight Board

Pillsbury Winthrop Shaw Pittman LLP on 6/24/2019

High Court review threatens to unravel Puerto Rico’s Title III bankruptcy cases. The U.S. Supreme Court has agreed to review the First Circuit’s ruling invalidating the appointment of the members of the Puerto Rico...more

Privacy and Data Security Client Alert | April 2019

Shook, Hardy & Bacon L.L.P. on 4/18/2019

Hotel Chain Pays $12 Million to Resolve Privacy Violations - Motel 6 settled claims with the Washington State Attorney General for $12 million to resolve charges that Motel 6 violated the Consumer Protection Act and the...more

A Summary of Certain Recent Enforcement and Non-Enforcement Actions

Foley & Lardner LLP on 4/5/2019

Sender Primary Liability for Misstatements in PPMs and Prospectuses: Lorenzo v. SEC (No. 17-1077 -- U.S. – 2019). On March 27th, the Supreme Court issued a 1934 Act Rule 10b-5 opinion that will have implications for...more

Orrick's Financial Industry Week in Review

Orrick, Herrington & Sutcliffe LLP on 7/2/2016

SEC Approves IEX Proposal to Launch National Exchange, Issues Interpretation on Automated Securities Prices - On June 17, 2016, the Securities and Exchange Commission ("SEC") approved the application of Investors'...more

Supreme Court Strikes Down Puerto Rico’s Local Restructuring Law

Dechert LLP on 6/20/2016

In a 5-2 decision, the Supreme Court of the United States in Commonwealth of Puerto Rico et al. v. Franklin California Tax-Free Trust et al., 579 U.S. ___ (2016), rejected the Puerto Rico Public Corporation Debt Enforcement...more

The Supreme Court - June 2016 #3

Dorsey & Whitney LLP on 6/14/2016

The Supreme Court of the United States issued decisions in three cases on June 13, 2016: - Puerto Rico v. Franklin Cal. Tax-Free Trust, No. 15-233: Under the Federal Bankruptcy Code, state bankruptcy laws that enable...more

Supreme Court Decides Commonwealth of Puerto Rico v. Franklin California Tax-Free Trust

Faegre Drinker Biddle & Reath LLP on 6/14/2016

On June 13, 2016, the Supreme Court of the United States decided Commonwealth of Puerto Rico v. Franklin California Tax-Free Trust, No. 15-233, holding that Chapter 9 of the federal bankruptcy code preempts Puerto Rico’s...more

The Supreme Court - June 2016 #2

Dorsey & Whitney LLP on 6/13/2016

The Supreme Court of the United States issued decisions in three cases on June 9, 2016: - Dietz v. Bouldin, No. 15-458: An automobile accident case went to a jury trial in federal district court. Respondent Hillary...more

Three Strikes and Recovery Act is Out

Mintz - Public Finance Viewpoints on 6/13/2016

Today’s U.S. Supreme Court decision in Commonwealth of Puerto Rico v. Franklin California Tax-Free Trust puts an end to one of Puerto Rico’s multi-pronged efforts to deleverage itself. Given the comprehensiveness of the...more

You Can Lead a Horse to Water, But You Can’t Call it an Airplane: Supreme Court Oral Arguments Suggest Puerto Rico’s Recovery Act...

Mintz - Public Finance Viewpoints on 3/25/2016

A few thoughts on Tuesday’s oral arguments before the U.S. Supreme Court in the litigation over whether Puerto Rico’s Public Corporations Debt Enforcement and Recovery Act, an insolvency statute for certain of its government...more

Update on the U.S. Supreme Court’s Inclusive Communities Decision

Dorsey & Whitney LLP on 3/9/2016

As previously reported on this blog, the U.S. Supreme Court’s decision in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc., 135 S. Ct. 2507 (2015) adopted a burden-shifting approach to...more

Orrick's Financial Industry Week in Review

Orrick, Herrington & Sutcliffe LLP on 1/13/2016

The PRA Publishes Guidance on Financial Conglomerate Waivers - On January 4, the Prudential Regulation Authority ("PRA") published guidance on the application and supplementary forms that should be submitted by firms...more

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Supreme Court of the United States › Puerto Rico

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