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They say that the Oversight Board has shown itself to be slow and obstructionist in attacking illegitimate bonds and prosecuting guilty parties.
April 17 -
January revenue beat the original budget projection by 36%, raising hopes that there will be more money to pay bondholders as the island's debt is restructured.
April 16 -
Ambac and FGIC filed motions in support of the Puerto Rico Oversight Board's effort to declare illegal $6 billion of the commonwealth's bonds.
April 15 -
The firms are saying they shouldn't have to participate in the disclosure, which could lead to a clawback of bond payments.
April 12 -
One group of GO holders says that pre-fiscal 2012 guaranteed debt should have higher priority for repayment than the newer bonds.
April 11 -
Assured Guaranty indicated it is interested in reaching a deal on PREPA bonds rather than continuing its quest for a PREPA receiver.
April 10 -
The proposed 2020 budget has $139 million for the payment of debt.
April 9 -
The step is said to be unprecedented in the history of Chapter 9 bankruptcy.
April 4 -
Twenty-three members of Congress are urging the Oversight Board to pull back the bonds' underwriting and other fees.
April 3 -
The board acknowledged Puerto Rico is in compliance with the fiscal 2019 budget, even as it wrangles with the local government over next year's plan.
April 2