Jones Act Exemption Could Aid Puerto Rico’s Economic Recovery
By Luis Pillich, Director, Stout
U.S. District Court Judge Laura Swain on January 18, 2022, approved a landmark plan to restructure Puerto Rico’s debt, allowing the U.S. territory to exit bankruptcy after five years. Judge Swain’s pen stroke approving the island’s plan of adjustment (POA) was a historic moment in Puerto Rico’s...
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Luis A. Pillich is a director in the Special Situations Group at Stout. He brings nearly 20 years of private equity, financial advisory, and capital markets experience to Stout’s Investment Banking practice. He has significant knowledge of special situation transactions and has advised companies in all aspects of mergers and acquisitions, complex valuations, and capital raising activities for clients, both domestically and internationally. Pillich has led successful transactions in the manufacturing, distribution, defense, and media industries, among others. He can be reached at lpillich@stout.com.