An accelerated clause is a term in a loan agreement that requires the borrower to pay off the loan immediately under certain conditions. An accelerated clause is typically invoked when the borrower materially breaches the loan agreement....
DEBTOR AND CREDITOR
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The Commonwealth of Puerto Rico is facing a severe financial crisis, and several public utility companies are on the verge of insolvency. See Franklin California Tax-Free Trust, et al. v. Commonwealth of Puerto Rico, 805 F.3d 322, 324 (1st Cir. 2015)....