Kutak Rock partner Bruce Wilson published a two-part article in the Law360 website newsletter of November 15, 2016.

In the article, "PROMESA And The Future of Puerto Rico," Wilson describes the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) as new and unique legislation related to the Commonwealth of Puerto Rico's default on substantial payment obligations. He summarizes the provisions of the Act; its possible relevance to territories other than Puerto Rico; and other aspects related to the Act.

To see the PROMESA article, please click here and here. (Law360 login required.)

Wilson practices primarily in the areas of bankruptcy, workout and Uniform Commercial Code matters. His practice is national in scope and includes providing bankruptcy and UCC advice in structuring new transactions, securitizations and bond financings, resolving disputes in troubled and defaulted transactions and various workout matters, enforcing remedies and appearing in bankruptcy cases in numerous states.