Free Republic

A federal judge has ordered New York City to draft plans to hand over management of its Rikers Island jail complex to a third-party receiver after holding the city's Department of Corrections (DOC) in civil contempt for failing to meet more than a dozen requirements to improve conditions in its violence-wracked jails. In an opinion and order issued Tuesday, Chief U.S. District Judge for the Southern District of New York Laura Taylor Swain wrote that she was "inclined to impose a receivership" after finding that violence and death inside Rikers has not improved since New York City agreed to a...

A federal judge on Tuesday approved a plan to restructure Puerto Rico's bond debt, which had plunged the U.S. territory into the country's largest municipal bankruptcy in history. Judge Laura Taylor Swain ruled in favor of the Plan of Adjustment that was years in the making, through arduous negotiations between the island's Fiscal Oversight Board, debtors and the government. According to Board officials, the plan will reduce Puerto Rico's debt by 80 percent and save the island more than $50 billion in debt payments. Puerto Rico Gov. Pedro Pierluisi said the approval of the plan "represents a great step for...