As Puerto Rico careens toward a major default on its $70 billion debt load, one hedge fund mogul is emerging as a stumbling block to any deal with creditors. No, it's not renowned "holdout" Paul Singer, who isn't involved in the Island. The main hurdle for Puerto Rico is Mark Brodsky, a former bankruptcy lawyer...
As Puerto Rico careens toward a major default on its $70 billion debt load, one hedge fund mogul is emerging as a stumbling block to any deal with creditors. No, it's not renowned "holdout" Paul Singer, who isn't involved in the Island. The main hurdle for Puerto Rico is Mark Brodsky, a former bankruptcy lawyer...
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