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The board has claimed its policies must be followed to make money available for bond payments.
July 12 -
Walter Higgins plans to submit his resignation because an unexpected family incident will keep him out of Puerto Rico, the governor said.
July 11 -
Bondholders have long complained about the local government's lack of timely and accurate financial information.
July 10 -
The Financial Industry Regulatory Authority has already barred Jose Ramirez from the securities industry, his lawyer said.
July 10 -
The board responded that it would vigorously defend its budget and fiscal plan.
July 5 -
Governor Ricardo Rossello called for an extraordinary session of the legislature in a bid to make the island more attractive for investment by peeling back worker protections.
July 3 -
Oversight Board members blamed the reduction in available revenue in part on local government's failure to introduce at-will employment.
June 29 -
There are two proposals being negotiated but one attorney says the discussions may go nowhere.
June 29 -
The board plans to approve a Puerto Rico budget by the end of Saturday.
June 28 -
Revenues through the first 11 months of the fiscal year were 1% ahead of projections.
June 26