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The board's executive director said he is unsure how much longer the PREPA bankruptcy proceedings will take.
July 1 -
In a separate development, the board asked an appeals court to reconsider its PREPA decision.
June 27 -
Puerto Rico's financial oversight board is seeking to reopen a confirmation hearing on a debt-restructuring plan for the island's power utility after an appeals court last week ruled that bondholders have a claim to the agency's future net revenue.
June 20 -
Observers and participants said the ruling sends a message that the municipal revenue bond pledge is strong and the Oversight Board's plan of adjustment for PREPA as it currently is proposed is unlikely to be able to stand.
June 13 -
Oversight Board Executive Director Robert Mujica said the only recently released fiscal 2022 ACFR showed revenues and expenditures continue to be imbalanced.
June 13 -
Judges say PREPA bondholders have a lien on net revenues collected post-bankruptcy.
June 12 -
The bond parties opposed to the plan of adjustment have already argued the Puerto Rico Oversight Board's electricity projections are too pessimistic, Judge Swain said.
May 16 -
Argument continues over how much PREPA will be able to pay bondholders.
May 13 -
Syncora and GoldenTree Asset Management want an accounting of what happened to PREPA net revenues.
May 7 -
The Oversight Board has given the local government until Tuesday to introduce a bill to revoke or amend a law that would reduce the Puerto Rico Electric Power Authority's revenues.
May 3