All posts tagged "ERS"

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  Mayors say they don’t have to repay the government, but will

  Will ask fiscal board about its position on a line of credit

  • Posted May 7, 2020
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  ‘Aurelius risk’ cited as roadblock in Puerto Rico fiscal board effort to pursue claims

  Judge Swain expected to evaluate the matter during Thursday's hearing

  • Posted May 15, 2019
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  Unsecured Creditors seek invalidation of $3 billion in Puerto Rico retirement bonds

  Argues issuances in 2008 were made ultra vires

  • Posted March 13, 2019
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  Puerto Rico retirement system bondholders ask court to name them trustees

  Want to recoup assets they say were illegally transferred to general fund

  • Posted February 21, 2019
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  Fiscal board questions amendment to retirement law that would benefit mayors

  Panel's director says arbitrary increase to a select group who 'have comparatively high pension benefits would create a dangerous precedent'

  • Posted November 12, 2018
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  Puerto Rico retirement system bondholders ask court to lift stay on lawsuits

  Allege accounts holding payments owed close to running out of funds

  • Posted July 3, 2018
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  Millions in fees add up in first 5 months of Puerto Rico’s bankruptcy

  With rates mostly ranging from $300 to $1,300 per hour, the cost for the commonwealth coffers in lawyers and consultants working the Title III cases surpasses $77 million, as of Sept. 30

  • Posted December 18, 2017
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  Hearing calendar for Puerto Rico bankruptcy cases revised

  Judge Swain reschedules next omnibus hearing in Title III cases

  • Posted August 17, 2017
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  Puerto Rico bondholder group sue U.S. government

  Creditor group seeks just compensation over sale of ERS assets

  • Posted July 21, 2017
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  Court green lights deal between Puerto Rico gov’t, Retirement System bondholders

  Judge Swain approves deal, schedules Oct. 31 hearing to address main dispute between commonwealth, ERS bondholders

  • Posted July 17, 2017