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A court-ordered modification of the plan is more likely than outright rejection, sources say.
August 12 -
The indictment of Wanda Vázquez is the latest in a series of corruption charges against Puerto Rico politicians over the last 18 months.
August 5 -
The authority says the Puerto Rico Oversight Board is illegally telling it how non-debtor government bodies must act.
July 29 -
Bankruptcy judge set deadlines for voting on the Highways and Transportation Authority plan of adjustment, moving it closer to confirmation.
June 24 -
An appeals court ruled the Oversight Board can stop laws that are inconsistent with PROMESA's purpose.
June 23 -
A firm representing the Oversight Board also represented firms that acquired a loan portfolio from a board-controlled entity.
May 25 -
The main bond classes appear to clear the two-thirds majority needed for a court endorsement.
May 18 -
Holders of $4.3 billion of HTA bonds will receive $1.2 billion of new bonds with 5% coupons and $389 million of cash.
May 3 -
The Oversight Board says an adversary complaint affecting HTA claims remains active, contradicting a statement made to the court last month.
April 18 -
The Economic Development Bank estimated the first half of fiscal 2022 had experienced a 5.5% increase in growth, upward from a 3.6% increase in previous estimates.
April 6