All posts tagged "Puerto Rico Oversight Management and Economic Stability Act"
Puerto Rico Gov’t Faces Deadline with Promesa’s Fiscal Board
Officials say they will deliver fiscal reports requested by the board on time
- Posted October 27, 2016
Governor hopes Oversight Board declares debt unpayable
CATAÑO — Gov. Alejandro García Padilla said Wednesday he has been in communication with the fiscal board created by the Puerto Rico Oversight, Management and Economic Stability Act (Promesa) while the entity evaluates the draft fiscal plan he and his economic team presented more than two...
- Posted October 27, 2016
Bernier says he will fight Rosselló’s single-employer proposal
PDP candidate says he won't fire public employees and that his proposal, unlike Rosselló's, doesn't change their classification
- Posted October 25, 2016
Cofina creditors file motion to defend Promesa stay on lawsuits
They want to intervene in the action entitled Lex Claims LLC et al. v. García-Padilla pending in the U.S District Court for the District of Puerto Rico
- Posted October 24, 2016
Puerto Rico fiscal board files motion to intervene in bondholders’ lawsuits
SAN JUAN – The Financial Oversight and Management Board filed a motion to intervene in four consolidated lawsuits in order to make known its views on the plaintiffs’ pending motions to lift the automatic stay imposed under...
- Posted October 21, 2016
CB, ABC5 Host Gubernatorial Forum to Analyze Economic Platforms
SAN JUAN – Caribbean Business and ABC5 hosted an entirely unique and different gubernatorial forum from what Puerto Ricans have seen so far. “Junteconómico” is a frank and open two-hour discussion among journalists and gubernatorial candidates entirely on the subject...
- Posted October 20, 2016
Two in the Bush With 245a
Trust politicians to go into spin mode when facing a crisis such as Puerto Rico’s smothering debt and steep economic decline. One recent example that comes to mind was the local jobs report circulated by the Puerto...
- Posted October 10, 2016
Puerto Rico government and public corporations under control of fiscal oversight board
NEW YORK – Within the span of less than a half hour, and amid protests outside and inside the building where it met, the board established by the Puerto Rico Oversight, Management and Economic Stability Act (Promesa) officially took...
- Posted September 30, 2016
Governor prepares Puerto Rico for control board’s takeover
SAN JUAN – Puerto Rico’s governor turned over the reins of his government’s finances to a federal control board and outlined what he considers priorities during a televised address Thursday to prepare the U.S. territory for a historic...
- Posted September 29, 2016
Cooper Reconsidering Executive Director Nomination
Personal Backlash Fuels Doubts
- Posted September 26, 2016