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Judge Laura Taylor Swain strikes down Dignified Retirement Law

Taylor Swain said the Board has no power to legislate, but warned that neither the Legislature nor the governor can interfere with the entity’s power to renegotiate debt

14 de octubre de 2021 - 1:27 PM

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Esta historia fue publicada hace más de 3 años.
According to the schedule that Taylor Swain requested to the lawyers of the OB, and that was presented yesterday, the federal entity will discuss a possible calendar to present the plans of adjustments for debts. (Captura Microjuris)
Jueza Laura Taylor Swain.

About a month before the debate on the central government’s Plan of Adjustment (POA) begins, U.S. District Judge Laura Taylor Swain yesterday reaffirmed the powers of the Fiscal Oversight Board over Puerto Rico’s elected officials and the supremacy of federal PROMESA law over the laws of the U.S. territory by striking down the statute that sought to prevent cuts to public pensions: the Dignified Retirement Act.

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