SAN JUAN, PR--(Marketwired - May 15, 2014) - Doral Financial Corporation (NYSE: DRL) ("Doral", "Doral Financial" or the "Company"), the holding company of Doral Bank, with operations in Puerto Rico and the U.S., today called upon the Government of Puerto Rico, and Puerto Rico Department of Treasury ("Hacienda"), to honor its obligations, as it repeatedly committed to do in communications with the financial community since January of 2013. Contrary to these commitments, on May 14, 2014, Doral received a letter wherein Hacienda unilaterally decided that the 2012 Closing Agreement is null and that Doral has no right to a refund of its overpaid taxes. Doral is evaluating its legal options in connection with this letter and anticipates taking appropriate action to protect its legal rights.
THESE MOFOS AT DRL ABOUT TO GO BANKRUPT!!!!!!!!!!!!!!!!!!
