Puerto Rico seeks to be included under federal bankruptcy code

February 26, 2015 6:45 PM

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SAN JUAN, Puerto Rico – Puerto Rico government officials sought Thursday to convince U.S. legislators that the island's financially struggling public corporations should be allowed to restructure their debt under the federal bankruptcy code.

The push comes weeks after a federal judge ruled that a local debt-restructuring law that Puerto Rico's governor approved last year was unconstitutional.

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