Commonwealth of Puerto Rico

The Puerto Rico Oversight Board may have a stronger case to declare bonds invalid than the Illinois litigants did.

Judge Laura Taylor Swain sided with the Oversight Board as it sues the local government to comply with its fiscal plans.

She also names Elí Díaz Atienza to fill the role as her representative to the Oversight Board.

It remains unclear how the new governor may alter the Puerto Rican government's stance in the suit.

The Oversight Board urged the federal government to provide more help to the island’s people and businesses.

The deal reduces the authority's debt service by $380 million.

Puerto Rico’s Oversight Board remains committed to assist in the island’s fiscal recovery in the midst of political chaos over who will be running the government.

The insurer seeks at least $720 million from Wall Street firms that underwrote Puerto Rico bonds issued from 2001 to 2007.

Puerto Rico’s economic activity index slipped 0.7% in June from a year earlier, as the economic boost from federal hurricane recovery aid receded.

Secretary of Justice Wanda Vázquez Garced said she will swear in as governor Wednesday afternoon.

The strong performance may strengthen bondholders' hand in negotiating Puerto Rico bond restructuring.

Puerto Rico Senate President Thomas Rivera Schatz is leading a suit seeking the court to remove the former resident commissioner from the position.

Confirmation by one of the island’s two chambers will do little to ease uncertainty about who will become Puerto Rico’s next governor.

The Trump administration is planning to place restrictions on disaster aid for U.S. states and territories.

Puerto Rico's governor looks to patch up a scandal-ridden administration before his own resignation takes effect.

It's uncertain whether Pedro Pierluisi's nomination to succeed Rossellówill pass the House.

Two weeks of unrest have cut economic activity by 15%, and a disorderly transfer of power may disrupt the territory's historic debt restructuring.

Ricardo Rossello resigned after two weeks of furious protests, throwing the leadership of the U.S. commonwealth into uncertainty.

Almost $25 billion of bonds would be affected, as Judge Laura Taylor Swain seeks to avert "chaos" of claims by bondholders.

With a weakened government, the Oversight Board may be emboldened to take more unilateral actions on bond restructuring, analysts said.