Restructuring Report
March 16, 2026 - The Phoenix Fund, Archdiocese of New Orleans, Razzoo’s, Art Van Furniture
8:24
This episode covers key developments in four major restructuring and bankruptcy cases:
A Puerto Rico bankruptcy court rules that the automatic stay does not block a regulator’s enforcement action against The Phoenix Fund, holding that the island’s financial regulator may continue liquidation proceedings under the police power exception, and recognizing the court-appointed receiver—not prior…