Financial Oversight and Management Board for Puerto Rico, Petitioner v. Aurelius Investment, LLC, et al.

  1. December 20, 2024

    High Court Bar's Future: Williams & Connolly's Sarah Harris

    Sarah M. Harris of Williams & Connolly LLP never planned on being a U.S. Supreme Court advocate, or even an appellate one. She stumbled upon that career path after realizing her initial goal of becoming a national security or government lawyer wasn't the right fit.

  2. June 01, 2020

    High Court Upholds Puerto Rico Financial Oversight Board

    The U.S. Supreme Court on Monday unanimously ruled that members of Puerto Rico's Financial Oversight and Management Board do not require U.S. Senate approval because the board's handling of the island's $125 billion bankruptcy is limited to Puerto Rico's fiscal issues and it only exercises local, territorial authority.

  3. October 15, 2019

    Justices Struggle Over Need To Confirm PR's Oversight Board

    U.S. Supreme Court justices peppered attorneys for the Financial Oversight and Management Board for Puerto Rico with questions Tuesday about the board's powers in administering the commonwealth's $125 billion Chapter 9 restructuring efforts and whether its members need to be confirmed by the U.S. Senate.

  4. October 11, 2019

    Up Next At High Court: Puerto Rican Debt Crisis, DC Sniper

    The Puerto Rican debt crisis and the D.C. sniper shootings are among the cases that will come before the U.S. Supreme Court this week. The justices will grapple with the scope of the Constitution's appointments clause and their own recent juvenile sentencing rulings. Here is what to expect.

  5. September 20, 2019

    PR Oversight Board Defends Appointments At High Court

    Puerto Rico's federally appointed oversight board is urging the U.S. Supreme Court to overturn the First Circuit's decision that its members require Senate approval, saying their appointment and authority fall within constitutional bounds.

  6. August 29, 2019

    Puerto Rico Officials Blast Oversight Board In High Court Brief

    A group of Puerto Rican elected officials have joined those asking the U.S. Supreme Court to find that the federal board overseeing the island's financial overhaul was unconstitutionally appointed, saying separation of powers needs to be preserved.

  7. August 23, 2019

    PROMESA Board Is Unconstitutional, Aurelius Tells Justices

    Aurelius Capital Management LP wants the U.S. Supreme Court to tear out Puerto Rico's federally appointed oversight board root and branch, saying the Constitution demands nothing less and scoffing at the government's claims that doing so would unleash chaos at a critical point in the island's colossal $125 billion restructuring.

  8. August 02, 2019

    Puerto Rico Bank Asks Supreme Court To Shield Fed Board

    The successor entity to Puerto Rico's Government Development Bank urged the U.S. Supreme Court on Thursday to junk a recent First Circuit decision that cast doubt on the legality of the island's oversight board, warning the ruling could put it in the "impossible position" of trying to unwind billions in new bonds issued after GDB's restructuring.

  9. July 26, 2019

    Puerto Rico Fiscal Board Defends Makeup To High Court

    Puerto Rico's federally appointed oversight board and its fiscal agency have urged the U.S. Supreme Court to tear up a recent First Circuit opinion that found the board's officials should have been confirmed by the U.S. Senate, saying the decision imperils the island's colossal debt restructuring at a critical moment.

  10. June 20, 2019

    Justices To Decide If Puerto Rico Oversight Board Is Legal

    The U.S. Supreme Court on Thursday agreed to review a First Circuit decision that the members of the board overseeing Puerto Rico's bankruptcy were appointed unconstitutionally.