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PUERTO RICO v. FRANKLIN CALIFORNIA TAX FREE TRUST

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                 No. 15-233

                 IN THE
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     THE COMMONWEALTH OF PUERTO Rico,
         ALEJANDRO GARCIA PADILLA,
as Governor of the Commonwealth of Puerto Rico,
and CSAR MIRANDA RODRIGUEZ, as Secretary of
  Justice of the Commonwealth of Puerto Rico,
                                  Petitioners,
                    V.
  FRANKLIN CALIFORNIA TAX-FREE TRUST, et al.,
                                 Respondents.

 On Writ of Certiorari to the United States
   Court of Appeals for the First Circuit


   REPLY BRIEF FOR PETITIONERS


CESAR MIRANDA RODRiGUEZ
Secretary of Justice
MARGARITA MERCADO
ECHEGARAY
Solicitor General
DEPARTMENT OF JUSTICE
COMMONWEALTH OF
PUERTO RICO
P.O. Box 9020192
San Juan, PR 00902


CHRISTOPHER LANDAU, P.C.
  Counsel of Record
SUSAN M. DAVIES
CLAIRE MCCUSKER MURRAY
KIRKLAND & ELLIS LLP
655 Fifteenth St., N.W.
Washington, DC 20005
(202) 879-5000
clandau@k irk land. corn


March 14, 2016


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