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