-
Puerto Rico-based Ocean Capital is trying to gain control of several local tax-free income funds by electing members to the funds' board of directors, but current board members have refused to give up their seats.
June 30 -
An appeals court ruled the Oversight Board can stop laws that are inconsistent with PROMESA's purpose.
June 23 -
The Oversight Board has issues with the joint resolution.
June 15 -
The bill, which would overturn a 2017 law, is awaiting Gov. Pedro Pierluisi's signature to become law.
June 14 -
A survey shows local business owners are more pessimistic than they were six months ago.
June 10 -
The board and its law firm O'Neil & Borges clashed with challenger Carlos Lamoutte in court papers.
June 9 -
The board continues to struggle with the local government on fiscal matters six years after PROMESA's passage.
June 8 -
A firm representing the Oversight Board also represented firms that acquired a loan portfolio from a board-controlled entity.
May 25 -
A teachers' request was rejected, but another ruling could force the board to release documents it chose to withhold.
May 20 -
The territory has to respond to a change in U.S. tax policy that will eliminate a substantial source of revenue.
May 12