The Capital Building in San Juan, Puerto Rico On Wednesday, Puerto Rico’s Governor declared that the commonwealth would seek protection under Title III, a court-supervised bankruptcy-like restructuring process. The restructuring of Puerto Rico’s $70 billion in outstanding debt would be the largest in the history of the U.S. municipal bond market and will have widespread...Read More

On Friday, April 5, 2013, electric car maker Fisker Automotive laid off 160 workers, or about 75% of the company’s total workforce, without severance and without providing the statutory notices required for layoffs of that size.  This latest move comes after a series of corporate body blows, any one of which would be a good...Read More