All posts tagged "PROMESA"
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U.S. gov’t should not pay Puerto Rico debt, Justice Department says
Argues that the Claims Court lacks jurisdiction to see the case
- Posted May 23, 2019
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Puerto Rico gov says he will do whatever it takes to avoid cutting pensions
Urges fiscal board to evaluate budget he already submitted to legislature
- Posted May 22, 2019
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IRS deems Puerto Rico’s Cofina bonds tax-exempt
About $12 billion in restructured bonds to be offered in July
- Posted May 22, 2019
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Proskauer seeks $16.4 million in fees from Puerto Rico
For 4 months' legal work; fee examiner calls petition duplicative
- Posted May 21, 2019
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Puerto Rico gov to propose budget amendments to fiscal board Wednesday
Promesa panel had required revision by last Friday, when Rosselló enacted a bill that covers municipal obligations
- Posted May 21, 2019
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Puerto Rico builders, contractors reject fiscal board move to recover payments
Association's chairman says move stymies government contracting
- Posted May 21, 2019
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Puerto Rico fiscal board sues retirement system bondholders to recover $392 million
About $12 billion in restructured bonds to be offered in July
- Posted May 19, 2019
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Puerto Rico senator rails against utility’s restructuring support agreement
Argues it will raise rates and hinder transition to renewable energy use
- Posted May 14, 2019
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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
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Puerto Rico fiscal board calls for agreement on owed Paygo pension contributions
Insists 24 resolutions appropriating $30 million must go through budget process
- Posted May 7, 2019