Dr. Courchane provided expert testimony in a lawsuit brought by Plaintiffs against a major lender, alleging lending discrimination which led to increased foreclosures in minority neighborhoods. Plaintiffs had alleged credit was provided on predatory terms and by curtailing the issuance of mortgage credit to minorities. The case in Los Angeles was won on summary judgment.
Puerto Rico may see higher utility rates after 1st Circ. ruling
Puerto Rico’s Financial Oversight and Management Board (FOMB) said it intends to introduce changes to the plan of adjustment to allow for payments to PREPA...