Posted on 03/23/2016 6:42:06 PM PDT by Steelfish
Sotomayor Helps Puerto Rico Argue Its Bankruptcy Case Noah Feldman
Before Tuesday, Id have said that Puerto Rico had no chance to win its legal fight to let its municipalities and utilities declare bankruptcy. That's how the island hopes to resolve its overwhelming debt problems, but the federal bankruptcy code says that it can't.
That's what the U.S. Court of Appeals for the First Circuit held last summer, unanimously. The statute seemed so clear that even Judge Juan Torruella, the appellate courts only Puerto Rican member, concurred in an outraged separate opinion criticizing the federal law.
Then Sonia Sotomayor stepped in. Oral arguments before the Supreme Court rarely change the outcome of a case, yet Tuesday's session may turn out to be the exception. In a fascinating and unusual argument, Justice Sotomayor, who is herself of Puerto Rican descent, spoke by my count an astonishing 45 times. Sotomayor left no doubt that she was speaking as an advocate.
The interpretation of the law she favored would make the system fairer to Puerto Rico, allowing the commonwealth to create its own emergency bankruptcy measures outside federal law. But it depends on a highly doubtful reading of the statute, one that stretches credulity when read into the text. Ideally, Congress will hear what happened at the oral argument and pass one of the reform proposals its currently considering that would spare the court from having to decide the case.
(Excerpt) Read more at finance.yahoo.com ...
La Raza syndrome.
the wise latina speaks.
The law doesn’t matter to a “wise latino”.
Maybe someone should explain to her the nature of her job. She seems unclear on the concept.
She knows the nature of her job: To keep Anglos paying the bills for Latinos.
Give PR back to Spain...
Well of course liberal Sonia will go with her feelings instead of federal law and make an effort to to bring the rest of the libs with her.
The wide Latina continues to hold the bench in place.
I an so sick and damn tired of the favoritism shown minorities in this country, all of which the taxpayers have to pay for.
Impeach
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She wrote several 2nd Circuit opinions that were unanimously overturned by the Supreme Court. The wise latina doesn’t know the law from third base.
It will end in a few years when there are no more Anglo taxpayers to pay for it; we’ll be around for a while, but more and more of the dwindling number of whites are jumping on the gravy train using all of the same tricks.
Spinning up a wild interpretation of the rules governing PR is just the latest addition to the body count.
Today Puerto Rico. Tomorrow Detroit. Next Week Chicago. Coming soon to more democrat led cities, states, and provinces in the future.
There is almost no chance that politicians will not bail out these reliable voters. Too bad there is nobody to bail us out when the house of cards finally collapses.
I don’t think she sees the big picture. Granting PR something like this is going to be a big precedent regarding State’s rights over the feds. Like the supremacy clause, for example.
Of course, she’ll recuse herself and apologize for her behavior.
Not.
You got it.
Puerto Rico has been running a government Ponzi Scheme for years.
Democrat money laundering.
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