A Puerto Rico bankruptcy court mistakenly declined jurisdiction over a couple’s legal feud with mortgage lender Banco Popular after the pair’s restructuring proceedings ended, an appeals court ruled.
Although they successfully completed a joint Chapter 13 bankruptcy case in 2021, Juan J. Guallini-Indij and Raquel Medina-Rampolla were still entitled to certain legal oversight from the bankruptcy court as it concerned litigation they had launched against Banco Popular de Puerto Rico, the US Court of Appeals for the First Circuit ruled Wednesday.
“What the bankruptcy court should have done (but did not) was make a case-specific inquiry as to whether it ...