All posts tagged "Financial Oversight and Management Board"

• 
  Puerto Rico Unsecured Creditors, fiscal board committees allowed to pursue claims

  Judge Swain says that since Trump has yet to renominate board, its 'future status' is in question, and arguments over UCC conflicts were unpersuasive

  • Posted May 16, 2019
• 
  University of Puerto Rico president at loggerheads with fiscal board over cuts

  Haddock warns more cuts threaten quality of education; board says it isn't asking for new measures

  • Posted May 13, 2019
• 
  Fiscal board rejects Puerto Rico government’s proposed budget

  Says it is ‘not compliant with the revised version of the 2019 Fiscal Plan’ SAN JUAN – Puerto Rico’s Financial Oversight and Management Board has rejected the fiscal year 2020 budget submitted by the commonwealth government March...

  • Posted May 13, 2019
• 
  Oversight board certifies Puerto Rico fiscal plan

  Considers raises for teachers, police and firefighters; sees $13.7 billion surplus by 2024

  • Posted May 9, 2019
• 
  Fiscal Board Expected to Insist on More Budget Cuts

  Based on Past Public Hearings, Aafaf’s Sobrino Said Board Likely to Slash Christmas Bonus, Pensions

  • Posted May 9, 2019
• 
  Puerto Rico fiscal board appeals ruling on its unconstitutionality to Supreme Court

  Argues members are territorial officers; will ask First Circuit to extend its stay

  • Posted April 23, 2019
• 
  Bondholder group seeks disallowance of Puerto Rico Public Buildings Authority, certain GO bonds

  Ad Hoc Group says fiscal board, unsecured creditors are choosing 'to squander what little is left of Puerto Rico’s credibility with investors'

  • Posted April 4, 2019
• 
  U.S. pols urge Puerto Rico fiscal board to also go after banks, advisers in ‘illegal’ debt

  Base request on report that nearly $300 million in fees were paid out

  • Posted April 1, 2019
• 
  Swain’s World: Title III Bankruptcy Proceedings Alive and Kicking

  Promesa Appointments Clause Violation Remains at Issue, Aafaf Identifies $12 Billion in Bank Balances

  • Posted March 8, 2019
• 
  Court of Appeals denies electric utility union request to invalidate actions of Puerto Rico fiscal board

  Utier attorneys argued the board continued to make budgetary decisions while its legality was questioned

  • Posted March 7, 2019