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Fuel line attorney questions validity of the party as an impaired class.
November 2 -
The bondholders say they are owed $8.3 billion of principal and billions more of unpaid interest.
October 25 -
They say the Oversight Board's argument restricting their claims just to money in the sinking fund is wrong.
October 19 -
FAFAA and Gov. Pedro Pierluisi retain some influence over the direction of an adversary proceeding in the PREPA bankruptcy and on the ultimate PREPA bond deal.
October 14 -
Swain said the bondholders lien on revenues and the recourse nature of the bonds needs to be determined. The judge would likely order a plan confirmation hearing take place by June 2023.
September 28 -
While the parties generally support the start of litigation, they are arguing about everything else.
September 26 -
A multi-option plan of adjustment would be filed within 60 days.
September 22 -
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