Commonwealth of Puerto Rico

Judge Swain says she'll hear claims that the government has manipulated PREPA's budgets to bondholders' detriment.

First quarter revenues were 20.4% higher than Oversight Board forecasts.

Oversight Board asks Gov. Pierluisi not to sign a bill it says would cost $3 billion over five years.

Assured Guaranty and GoldenTree offer a alternative to the deal the Oversight Board reached with BlackRock and four other investment firms.

Observers say Puerto Rico's 2024 elections may not change government policy much.

The deal is expected to be executed Dec. 14, putting four government-run tollways under Albertis Infraestructuras SA, which already runs Puerto Rico toll roads.

Puerto Rico's Treasury secretary says first quarter results are a good sign for fiscal stability.

Group's attorney is said to have experience arguing before the U.S. Supreme Court.

Ocean Capital's next move is to attemot to have its elected directors seated on the funds' board of directors.

But a change in how foreign corporations are taxed brought down total revenue for the year.

While the university remains current on bond payments, it is not financially stable, sources say.

In direct costs to the budget, the proposal would cost Puerto Rico revenues $153.2 million of individual taxes and $283.6 million of corporate taxes per year, according to the governor. The Oversight Board disagrees.

The Puerto Rico General Fund has paid out $1.5 billion on the bankruptcies after initial expectations were $370 million over nearly a decade.

José Pérez Riera will fill the post that has been vacant for over three years.

Peterson objected to the board's treatment of PREPA bondholders.

Following another court ruling on a 2022 labor law the Oversight Board rejected, Puerto Rico professors doubt the local government will operate more responsibly any time soon.

Economists remain guarded about the island's economic future.

The May economic activity index showed an increase.

The fiscal 2024 General Fund increases 2.5%

Virginia Wong, a partner in Nixon Peabody's public finance group, talks with Chip Barnett about effective mentorship and building successful teams. (15 minutes)