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Puerto Rico governor signs measure for shift to renewable energy.
March 29 -
If the ruling holds, analysts said special revenue bonds may have to be re-evaluated based on the general credit of the issuer.
March 28 -
The House Natural Resources Committee has scheduled a May 2 hearing to examine the successes and failures of PROMESA.
March 28 -
1st Circuit judges upheld the bankruptcy court's ruling that payment of special revenue bonds is voluntary.
March 27 -
As the board wrangles with local officials over the budget, neither the federal courts nor the executive branch have taken action to address a legal challenge to its authority.
March 25 -
A motion in Title III bankruptcy court by holders of $4 billion of PBA bonds may thwart an effort by the Oversight Board to nullify $6 billion of general obligation bonds.
March 21 -
The Board's authority to certify fiscal plans has become a flashpoint in an escalating battle with Puerto Rico's government.
March 20 -
Jaresko on Monday cited the almost universal dissatisfaction with the board as proof that it was doing its job.
March 18 -
The 2016 law is under fire from bond holders over the Oversight Board's failure to provide enough money for debt service and from local politicians over the board's efforts to impose fiscal austerity.
March 14 -
The General Obligation group's lawyer says the board should focus on structural reforms and not legal challenges to bondholder claims.
March 13