All posts tagged "PROMESA"

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  U.S. Justice Department defends Puerto Rico fiscal board’s constitutionality

  Argues Congress has power to appoint territorial officers

  • Posted June 6, 2019
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  Puerto Rico Teachers Association negotiates educators’ pensions

  Says agreement with island's fiscal board isn't written in stone; slated to be voted on June 10

  • Posted June 4, 2019
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  Puerto Rico fiscal board asked to reevaluate suit against gov’t vendors

  Rep. Aponte Hernández questions why stateside law firms are offering unsolicited representation to plaintiffs

  • Posted June 4, 2019
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  Puerto Rico fiscal board expects pacts with 70% of creditors by next summer

  At annual convention of Puerto Rico Manufacturers Association, island's Economic Freedom Index revealed

  • Posted June 3, 2019
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  Puerto Rico fiscal board warns electric utility about overspending

  Prepa must provide funding sources to​ cover $10.5 million spent over budget SAN JUAN — Puerto Rico’s Financial Oversight and Management Board informed the Puerto Rico Electric Power Authority (Prepa) that it has exceeded actual expenditures for...

  • Posted May 31, 2019
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  Fiscal board refers Puerto Rico entities, towns’ withholding of $4.5M in retirement accounts to Justice

  Asks for investigation into 3 gov’t entities, 11 towns

  • Posted May 29, 2019
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  Puerto Rico House speaker: Retirees can’t survive cuts proposed by fiscal board

  In column, asks Congress to intervene immediately

  • Posted May 29, 2019
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  Puerto Rico fiscal agency chief: Oversight board’s budget threatens essential services

  Board gives legislature June 10 deadline to consider its spending plan

  • Posted May 29, 2019
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  Unsecured creditors challenge 2011 Puerto Rico bond issuance

  Committee contests about $1 billion; says insurer Ambac supports suit

  • Posted May 28, 2019
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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