Scrub Island files Ch. 11 to deflect FirstBank receivership
December 2, 2013
Scrub Island Development Group Ltd., the owner of a posh resort in the British Virgin Islands, has filed for Chapter 11 protection in a Florida bankruptcy court to ward off a request for receivership granted ...
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Puerto Rico bankruptcy filings dip 2% in October
November 20, 2013
The Puerto Rico bankruptcy court saw a slight 2 percent drop in activity in October, when 1,020 cases were filed. During the first 10 months of the year, filings dropped by 4 percent to 9,165 ...
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Puerto Rico bankruptcy filings up 4% in September
October 3, 2013
The 874 bankruptcy cases filed in Puerto Rico in September were 4 percent higher than those on record for the same month last year.
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