Doral: Negotiations with Puerto Rico Treasury continue


"Doral (DRL +3.3%) has not left negotiations," says the bank's attorney, noting Treasury's new outside counsel - Foley & Lardner - has a conflict of interest, having represented Doral in a related matter.

The judge presiding over the case says negotiations are to continue under her supervision without the participation of Foley & Lardner.

Previously: Doral Financial on the move ahead of hoped-for settlement

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  • DeepValueLover
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    The preferreds have been rocking lately.
    22 Aug 2014, 12:12 PM Reply Like
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