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The increase in median income may be connected to emigration from the island.
September 15 -
Kobre & Kim will assist in the board's investigation of Puerto Rico’s debt.
September 14 -
One lawyer called the bankruptcy judge’s ruling a "victory in the Oversight Board's effort to destroy all bondholder liens in Puerto Rico."
September 12 -
Puerto Rico government representatives told the Title III bankruptcy judge that sales and use tax revenues used for paying Puerto Rico Sales Tax Corp. (COFINA) bonds belong to the commonwealth.
September 11 -
Lower-rated issuers like Puerto Rico have been slower to rebound from past natural disasters, municipal analysts said.
September 7 -
A U.S. district court on Tuesday rejected that bond insurer Ambac Financial was liable for allegedly overly optimistic and misleading statements it had made about its insured Puerto Rico bonds.
September 6 -
Puerto Rico Title III bankruptcy judge Laura Taylor Swain has decided to address the dispute between Puerto Rico and the Puerto Rico Sales Tax Financing Corp. bondholders prior to other Title III matters.
September 5 -
The Puerto Rico Oversight Board filed an adversary complaint for declaratory and injunctive relief to force cost-saving measures.
August 28 -
Title III bankruptcy judge Laura Taylor Swain approved hiring Phoenix Management Services LLC as financial advisor for the mediation process.
August 22 -
Puerto Rico’s July revenues were above budget partly because of unexpectedly high non-resident withholding inflow.
August 21