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The board's 8th debt restructuring plan improves funding for a pension trust as well as eliminating cuts to benefits for current retirees, just ahead of the confirmation hearing that begins Monday.
November 5 -
While the economy is stronger than a year ago, it is still down from two years ago.
November 3 -
The various increased federal support proposals included in the Build Back Better package could help the island's economy, which has generally been contracting for the last 15 years.
October 29 -
It is unclear if the Oversight Board will accept the law and how much it differs from Board-endorsed legislation that failed last week in the legislature.
October 27 -
Judge Laura Taylor Swain contemplates dismissing the bankruptcy, which would leave bondholders in position to sue for full payment.
October 25 -
The Puerto Rico Bankruptcy Judge on Friday ordered a meeting for Monday between the Oversight Board, lawmakers, the governor and creditors to discuss possible alternatives.
October 22 -
While the Puerto Rico House passed it, the Senate set a Thursday vote to ensure passage.
October 20 -
The deal for new bonds will likely be passed but experts say the final Plan of Adjustment may not lead to a sustainable recovery for the island.
October 18 -
Lawmakers say they will support legislation backing the Plan of Adjustment, which has been a major hurdle for completion of the debt restructuring plan.
October 15 -
Judge Swain keeps the process on schedule to start the Confirmation Hearing on Nov. 8.
October 14