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Increasing electric rates to pay the debt would lead to economic contraction, a University of Puerto Rico professor said.
May 2 -
The bondholders and bond insurers submitted four expert reports to support their belief they deserve more money than what's being offered in the PREPA bankruptcy.
May 1 -
They say there are at least six different novel or unsettled questions of law that would be clarified by an appeals court ruling.
April 26 -
The parties haven't been engaging in mediation, angering Judge Swain.
April 25 -
How $5.7 billion will be divided among creditors remains to be figured out.
April 21 -
The Oversight Board, the Fiscal Agency and Financial Advisory Authority, and fuel line lenders filed separate objections to the bondholders' request, arguing it would further complicate PREPA's plan of adjustment.
April 18 -
Swain set a deadline ahead of what was requested by the Oversight Board.
April 14 -
Through the fiscal year's first eight months, revenues are 17.2% above projections.
April 12 -
The Puerto Rico Oversight Board wants the district court's PREPA bankruptcy to continue even if an appeals court considers the bondholders' appeal of a lien ruling.
April 10 -
Economic activity index is up month-to-month but down year-over-year.
April 4