High Court Turns Away Puerto Rico Teachers’ Bankruptcy Plan Fight

The US Supreme Court declined to take up Puerto Rico teachers unions’ appeal to challenge the island’s historic debt and pension restructuring plan.

The justices’ decision Monday to bypass keeps in place the restructuring plan’s provisions that upend local laws and reduce teacher benefits.

The commonwealth’s financial reorganization plan, approved by a federal judge earlier this year, remains free from any further challenge by disaffected teachers who tried to fight cuts to their accrual of pension benefits.

The August appeal asked the Supreme Court to examine whether the federally appointed Puerto Rico Financial Oversight and Management Board violated the Constitution …

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