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Swain postponed Wednesday's bankruptcy hearing in the case and extended the comment deadline.
September 20 -
Bondholders want a quick resolution and they say the Oversight Board's approach would take two years.
September 19 -
Judge Swain on Wednesday will consider the Oversight Board's proposal to commence litigation on creditor claims.
September 17 -
Puerto Rico's Fiscal Agency and Financial Advisory Authority said it "is available to assist the municipalities, as financial advisor and fiscal agent of the Government, on any restructuring that it deems necessary."
September 16 -
The statement could be interpreted as also suggesting a restructuring of $242 million in bonds.
September 14 -
Judge Swain grants the mediation team's request for an extension until Sept. 16 and possibly longer.
September 8 -
Judge Swain may approve the amended version in the next few weeks.
September 7 -
But it still remains slightly higher than it was a year ago.
September 6 -
The board says the law will reduce economic activity and government revenues.
September 2 -
The team now wants the option to continue discussions through September.
September 1