US Bank Trust National Association v. Garcia Padilla et al
| US Bank Trust National Association |
| Alejandro Garcia-Padilla, Commonwealth of Puerto Rico, University of Puerto Rico and Celeste Freytes-Gonzalez |
| 3:2016cv02510 |
| August 19, 2016 |
| US District Court for the District of Puerto Rico |
| San Juan Office |
| San Juan |
| Francisco A. Besosa |
| Constitutionality of State Statutes |
| 28 U.S.C. ยง 1331 |
| None |
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| Document Text |
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Filing
75
OPINION AND ORDER re 2 Motion for Miscellaneous Relief and Motion for Preliminary Injunction; and re 72 Motion for Leave to File. Plaintiffs' respective requests to vacate the PROMESA automatic stay pursuant to section 405(e) (Docket No. 2) are DENIED. The Oversight Board's motion to intervene in these consolidated actions (Docket No. 72) is DENIED WITHOUT PREJUDICE. U.S. Bank may proceed to disburse funds held in its reserve account to UPR bondholders pursuant to the terms of its trust agreement. (Docket No. 2.) Signed by Judge Francisco A. Besosa on 11/15/2016. (brc)
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