Puerto Rico bankruptcies were down 2 percent in July, when 821 cases were filed at the U.S. Bankruptcy Court, research firm Boletín de Puerto Rico disclosed Monday.
Puerto Rican company Green Isle Inc., which owns and operates several small hotels in the Isla Verde area, has filed for Chapter 11 bankruptcy, listing nearly $8.1 million in debt.
Puerto Rico Food distributor Pedro Barba e Hijos Inc., Humacao drugstore owner Manuel Mediavilla Inc., and developer Joseph McCloskey-Diaz — who was involved in a highly-publicized mortgage fraud scheme in 2009 — were among the ...