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Latest casualty of Puerto Rico cash grab is university system

September 22, 2016

By Michelle Kaske, includes “… Stakeholders aren’t wasting time. Participants in the medical school’s deferred compensation plan voted in May to liquidate the fund’s $103 million of assets -- which ultimately belong to all UPR creditors if the institution is insolvent -- after the school’s management said in April it doubts the university’s ability to continue as a going concern. …”

Read the full article on: Bloomberg

 
 
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