-
They say a Plan B that does not involve local legislative approval must be negotiated.
February 22 -
At issue is about $400 million the board would like Puerto Rico's government to retain.
February 18 -
The Puerto Rico Fiscal Agency and Financial Advisory Authority has requested pre-qualified investment banks to provide ideas and opportunities for refunding for savings.
February 18 -
While the Puerto Rico Senate would not take up a House-approved budget amendment that would allocate money to repay bondholders, analysts expect the Oversight Board to approve the funding.
February 17 -
The measure authorizes spending $10.9 billion from past years’ revenues for paying various Plan of Adjustment entities, including nearly $8 billion to pay bondholders and bond insurers.
February 15 -
Their filings in court follow similar arguments they made against teachers' associations last week.
February 14 -
House fails to approve budget amendment allowing payment to bondholders.
February 11 -
The board said a stay would inflict serious harm on Puerto Rico by plunging it into “financial chaos,” send the bankruptcy process “back to square one,” and would “needlessly delay the commonwealth’s economic recovery.”
February 10 -
The unrest potentially has short- and long-term impacts on the local government and its finances, analysts say.
February 9 -
Judge Laura Taylor Swain's action allows LUMA Energy to continue to operate.
February 8