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While the board is also seeking high court review, its goals are opposite of those of the union.
March 8 -
Puerto Rico Oversight Board says it can achieve much but not all of its pension restructuring plans without the local government's assistance.
March 7 -
Oversight Board members are also asking for a stay on an appeal's court mid-May cutoff for their powers.
February 28 -
Governor's representative complains that the expenditures were legally adopted.
February 27 -
The ruling may benefit bondholders, though an appeal and political wrangling over Oversight Board appointments threaten to prolong the uncertainty.
February 19 -
The appeals court ruled the appointments were unconstitutional, but didn’t invalidate either the existing board's actions or the parts of the Puerto Rico Oversight, Management, and Economic Stability Act that didn't address the board appointment process.
February 15 -
The board said that the Senate is withholding bank account information.
February 14 -
Attorneys say the Oversight Board's move to nullify $6 billion of bonds would violate both federal Supreme Court rulings and local law.
February 11 -
Traditional bond buyers are going back to Puerto Rico.
January 31 -
Laura Taylor Swain indicated she liked the procedures proposed by the Oversight Board and Unsecured Creditors Committee.
January 30