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The ruling could set a precedent for the board's control over local government policies affecting the economy.
March 6 -
Judge Swain will approve the disclosure statement and sent the parties back to mediation.
March 1 -
The bond trustee has said treating bondholders differently violates the bond's trust agreement and makes the plan of adjustment unconfirmable.
February 27 -
While the FAFAA backed the board's discovery timeline, bondholders argue the board is trying to "run out the clock."
February 23 -
It says the plan of adjustment can treat bonds of National Public Finance Guarantee differently and let National vote in a different class.
February 22 -
The proposed plan's superior treatment of National Public Finance Guarantee-insured bonds is discriminatory and thus illegal, they allege.
February 21 -
The economy was boosted by COVID and hurricane relief money, one economist says.
February 16 -
"The board's arguments are bad for the future of infrastructure financing in the United States," Oversight Board member Justin Peterson said.
February 15 -
The board says the Ad Hoc Group of PREPA bondholders wrongly focused on "confirmation" issues in their attack on the board's proposed disclosure.
February 14 -
Low income residents of Puerto Rico won't be charged the proposed monthly fees the Oversight Board said.
February 10