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LEX CLAIMS, LLC v. GARCIA-PADILLA

Civil No. 16-2374 (FAB).

236 F.Supp.3d 504 (2017)

LEX CLAIMS, LLC, et al., Plaintiffs, v. Alejandro GARCIA-PADILLA, et al., Defendants.

United States District Court, D. Puerto Rico.

Signed February 17, 2017.

Editors Note
Applicable Law: 28 U.S.C. § 2201
Cause: 28 U.S.C. § 2201 Injunction
Nature of Suit: 950 Constitutional - State Statute
Source: PACER

Attorney(s) appearing for the Case

Ariel N. Lavinbuk, Donald Burke, Gary A. Orseck, Mark T. Stancil, Robbins Russell Englert Orseck Untereiner & Sauber LLP, Washington, DC, Jose Ramon Rivera-Morales, Jimenez, Graffam & Lausell, Raul M. Arias-Marxuach, McConnell Valdes, LLC, San Juan, PR, for Plaintiffs.

Jose L. Ramirez-Coll, Salvador Antonetti-Zequeira, Antonetti Montalvo & Ramirez-Coll, Albeniz Couret-Fuentes, San Juan, PR, Michael F. Williams, Peter A. Farrell, Kirkland & Ellis LLP, Washington, DC, Christopher M. Mason, Robert N.H. Christmas, Christopher J. Fong, Nixon Peabody LLP, New York, NY, Giselle Lopez-Soler, Guaynabo, PR, Eric A. Schaffer, Luke A. Sizemore, Reed Smith LLP, Pittsburgh, PA, Lee Sepulvado-Ramos, Sepulvado & Maldonado, PSC, Hato Rey, PR, for Defendants.

OPINION AND ORDER

This action arises from the Commonwealth of Puerto Rico (the "Commonwealth")'s default on general obligation bonds ("GO bonds"). Plaintiffs ("GO Bondholders") are beneficial owners of GO bonds. The GO Bondholders filed suit against the Commonwealth, the Governor of the Commonwealth, the Secretary...

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