All posts tagged "bankruptcy"

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  Puerto Rico governor reiterates ‘colonial relationship’ with U.S. amid rift with fiscal board

  Says he supports legislature's duty to represent the people after it passed measure to stop disbursing fiscal board funds

  • Posted April 5, 2018
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  Fiscal board expects Puerto Rico transportation authority’s revised fiscal plan Thursday

  Requires it to include new and raised tolls, job cuts and outsourcing

  • Posted April 4, 2018
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  Order seeks to allow union cases from being stayed under Puerto Rico oversight law

  Related to events before May 3, 2017, when the commonwealth government filed for bankruptcy under Title III of Promesa

  • Posted April 4, 2018
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  Swain’s World: April 25 Critical Date for Cofina-GO Dispute

  Puerto Rico Title III bankruptcy brings Cofina legality, violation of debt limits to center stage

  • Posted March 23, 2018
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  Largest U.S. radio company iHeartMedia files for bankruptcy

  Has struggled with $20 billion of debt, falling revenue at its 858 radio stations

  • Posted March 15, 2018
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  Fiscal board blames Puerto Rico gov’t for high legal fees

  Tells Congress that the commonwealth and its instrumentalities pursue 'divergent interests' using other professionals

  • Posted March 12, 2018
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  Judge Swain asks for moderation of professionals who work for Puerto Rico fiscal board

  At omnibus hearing, examiner recommends approval of $48 million in fees

  • Posted March 7, 2018
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  Leases at core of U.S. District Court omnibus hearing over Puerto Rico bankruptcy

  Bad weather may force attorneys in New York to listen over the phone

  • Posted March 6, 2018
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  Puerto Rico Aqueduct & Sewer Authority may seek government loan

  Sources say Prasa needs $400 million; requires $1.9 billion over 5-year period

  • Posted February 22, 2018
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  Bondholder group allowed to intervene in Feb. 15 hearing to evaluate $1.3B loan to Puerto Rico power utility

  Ad Hoc Group of GO Bondholders says Prepa has other financing alternatives

  • Posted February 9, 2018