Gov: Puerto Rico braces for lawsuits as major default looms

April 29, 2016 3:40 PM

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SAN JUAN, Puerto Rico – Puerto Rico's governor says the U.S. territory is bracing for multiple lawsuits as a major default over a bond payment looms.

Alejandro Garcia Padilla says he hopes judges take Puerto Rico's economic and humanitarian crisis into account when ruling on the anticipated lawsuits.

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