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While the U.S. continues to lag pre-pandemic levels, Puerto Rico is now ahead by 2.3% from November 2019.
December 17 -
A fight is brewing over whether the Oversight Board can preempt some of the territory's pension statutes.
December 15 -
The issue is the power of the Oversight Board over several locally passed pension laws the board says might make the Plan of Adjustment unfeasible.
December 13 -
Nine groups or individuals say the Oversight Board's arguments are wrong.
December 3 -
Revenues were also up compared to the first quarter of fiscal 2021.
November 30 -
Several recent challenges to the Plan of Adjustment that could threaten its approval.
November 23 -
A request by the Department of Justice could delay the confirmation of the Puerto Rico bankruptcy until March or beyond and that in turn could lead to the current deal's collapse.
November 19 -
The board says the judge's ruling on the issue will determine whether it withdraws the Plan of Adjustment.
November 17 -
The Oversight Board argued legal issues with bondholders, pensioners, credit unions, and others at Monday's Plan of Adjustment confirmation hearing.
November 16 -
The unions say Act 53 bars the changes to the pensions that the Oversight Board say are necessary for the Plan of Adjustment.
November 12