All posts tagged "debt moratorium"

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  Government will seek to pay both essential services, debt

  New law would keep García Padilla's moratorium orders for now

  • Posted January 25, 2017
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  Scotiabank sues Puerto Rico govt seeking loan repayment

  SAN JUAN – Scotiabank filed a lawsuit against Puerto Rico’s government Wednesday seeking repayment of a multimillion-dollar loan despite a debt moratorium imposed amid an economic crisis. The Canada-based bank’s Puerto Rico operation argued in the filing that...

  • Posted September 28, 2016
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  Witnesses provide varying views about government liquidity

  SAN JUAN – The second day of U.S. District Court hearings on four consolidated lawsuits from plaintiffs seeking relief from the stay established by Promesa, produced two conflicting testimonies. The plaintiffs argued that they should get relief...

  • Posted September 23, 2016
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  Federal Judge Listens to Arguments Against Promesa Stay

  Plaintiffs argue local debt-moratorium act is unconstitutional

  • Posted September 22, 2016
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  Creditors Alert Promesa’s Fiscal Board About GDB

  Ad Hoc Group of GDB Bondholders sends letter to board members

  • Posted September 22, 2016
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  House Passes $8.5 Billion Budget for Next Fiscal Year

  Approved budget is $600 million less than originally proposed by Gov. García Padilla

  • Posted June 21, 2016
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  Emergency at Highways Could Prompt Legal Backlash

  García Padilla places Highways & Transportation Authority under emergency period

  • Posted May 18, 2016
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  Uncertainty Still Clouds Puerto Rico’s New Fiscal Agent

  Still unclear who’s running fiscal point

  • Posted May 17, 2016
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  Senate Tables Amendments to Debt Moratorium

  To vote on bill Thursday

  • Posted May 9, 2016
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  GDB Debt Trustee Files Notice of Default

  Trustee says pursuit of remedies is limited, retains law firm

  • Posted May 5, 2016