Muni Lowdown - A reasonable proposal

Debtwire Investigations set out to explore the legal mechanics that allow advisors to charge Puerto Rico hundreds of millions of dollars in fees to reduce its approximately USD 70bn debt load. We discuss an article penned by Debtwire's Associate Courts Editor, Maria Chutchian, on a review of the cost of the Puerto Rico bankruptcy case so far and a breakdown of fees reaped by the dozens of law firms and advisors involved in the numerous proceedings. Yong Lim, the Debtwire Municipals desk editor, is the moderator of the podcast. The Muni Lowdown is a weekly podcast recapping the previous week's significant news developments in the municipal bond market. investigations.debtwire.com/a-reasonable-proposal-how-us-law-allows-puerto-ricos-legal-bills-to-flourish/