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The unsecured creditors say that the deal treats the island’s government authorities in Title III bankruptcy unfairly.
September 10 -
Judge Laura Taylor Swain sided with the retired employees, saying the bondholders' security interest was not properly perfected.
August 20 -
A judge's ruling on whether the U.S. government is responsible for covering Oversight Board-imposed bond losses may come in the winter.
August 17 -
A hurdle has been passed for a judge to issue a ruling on the federal government's responsibility for making investors whole on impaired Puerto Rico bonds.
August 16 -
Key parties say the Oversight Board must certify a fiscal plan with more revenue before they will approve the agreement.
August 15 -
Members of Congress and market observers were divided over the ramifications of Friday's court opinion that the U.S. is liable for debt cuts mandated by the Oversight Board.
July 18 -
U.S. Court of Federal Claims Chief Judge Susan Braden carved a legal path for holding the federal government liable for cuts to Puerto Rico bonds.
July 16 -
Oversight Board members blamed the reduction in available revenue in part on local government's failure to introduce at-will employment.
June 29 -
The territorial government's resistance to the labor law may prompt Oversight Board to approve its own version of the budget due this month.
June 18 -
A brief period of peace between the Oversight Board and the governor may soon end.
June 12