Miller Buckfire MD Says Title III Will Help Puerto Rico

The video discusses the situation surrounding Puerto Rico's Cofina debt, backed by sales and use tax, and the implications of Title 3 bankruptcy under the PROMESA law. It covers the negotiations between creditors and the Puerto Rican government, the role of the Oversight Board, and the potential outcomes for secured creditors. The video also addresses the long-term economic implications for Puerto Rico and the importance of restructuring to stabilize its fiscal situation.

How does the PROMESA law aim to assist Puerto Rico?

What are the implications of the governor's comments regarding negotiations with creditors?