-
The Oversight Board said it had "finalized" the COFINA Plan Support Agreement
September 21 -
Island residents would recover up to 50% of the value of their losses.
September 18 -
Theboard says Gov. Ricardo Rosselló's plan needs reduced spending and more conservative projections for revenues.
August 31 -
July's elevated revenues continue a several-month-long pattern of General Fund revenues coming in above budget.
August 30 -
Governor rejects ending Christmas Bonus or cutting pensions.
August 22 -
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 -
For one thing, analysts say general obligation bondholders may attempt to derail the plan in Title III bankruptcy court.
August 9 -
The Puerto Rico Oversight Board, the government of Gov. Ricardo Rosselló, COFINA senior bondholders’ representatives, COFINA subordinate bondholders’ representatives, and bond insurers agreed to the deal.
August 8 -
The governor vowed to disobey Swain’s order, which he said would end Christmas bonuses or lead to "massive layoffs."
August 7 -
The board declined to say what the net impact on the central commonwealth government’s finances would be.
August 2