U.S. District Judge Sarah Russell of the District of Connecticut, a Biden appointee, issued a memorandum and order on Monday rejecting Marisol Arroyo-Castro's request for a preliminary injunction.

An MBIA sign in front of its former headquarters in 2008. MBIA and its subsidiaries had a partial victory against a suit by former holders of Puerto Rico Sales Tax Finance Corp. bonds. U.S. District ...

MBIA Inc. argued in court that it couldn't be held accountable for what its subsidiaries did with regard to Puerto Rico's COFINA bonds. If that request is rejected, MBIA asked Judge Sarah Russell to ...