Puerto Rico is in the process of defaulting on various debts. Panelists discussed approaches to confront this growing problem, how to best provide the Commonwealth a path to solvency and stability, and how to address the current legal structures which limit potential solutions. Options may include establishing fiscal oversight, enacting restructuring legislation, increased funding from Congress, or allowing the markets and courts to sort the situation out.
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Counselor to the Secretary of the U.S. Treasury
Anthony A. Williams
Former CFO, District of Columbia Financial Control Board
Former Mayor, District of Columbia
Co-Founder and Co-Chief Executive Officer, Fundamental Credit Opportunities
Professor of Corporate Law, University of Pennsylvania Law School