Syncora Holdings Ltd (fka SYCRF)

[Lonestarheeb]

This will generate a few waves (and probably more than a few lawsuits)

http://www.zerohedge.com/news/2016-06-03/bondholders-stunned-puerto-rico-finds-44-billion-outstanding-debt-unconstitutional?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

Puerto Rico declares $4.4 billion in debt unconstitutional.