Commonwealth of Puerto Rico

The United States of America is the defendant in a suit filed by investors seeking payment of $3.1 billion in principal and interest in Puerto Rico Employment Retirement System bonds.

Puerto Rico Gov. Rosselló named his chief economic advisor Christian Sobrino Vega as his non-voting representative on the Oversight Board.

Elías Sánchez Sifonte reportedly told the governor he would serve in the unpaid position through the approval of a fiscal plan and a first budget, things have now happened.

The Puerto Rico Oversight Board staff and board members haven't adequately disclosed their personal financial information, according to lawyers who cite federal law.

The Title III bankruptcy judge approved a deal to pay Puerto Rico Employees Retirement System bondholders interest through October.

The Puerto Rico Oversight Board approved a negotiated plan for restructuring the GDB’s $4.8 billion in debt.

A group of hedge funds that owns $3.3 billion of Puerto Rico bonds disclosed in court documents the amount that each of them holds.

The organizational session set the stage to address disputes in a restructuring of $47.5 billion of Puerto Rico’s debt.

Puerto Rico’s municipal government finances deteriorated in fiscal year 2016 from a year earlier, according to a locally-created study.

Top-rated municipal bonds finished weaker on Monday in a quiet pre-holiday-shortened trading session.

The move follows the board’s decision to reject a Restructuring Support Agreement developed over three years between Puerto Rico Electric Power Authority and its creditors.

Puerto Rico's first mediation meeting in its Title III bankruptcy case will take place on July 12.

With fiscal year 2017 nearing an end in Puerto Rico, the Oversight Board was threatening to approve a budget Friday morning without local government agreement and the electric power authority was on the verge of default on a $423 million bond payment due Monday.

Puerto Rico Title III Judge Laura Taylor Swain retained control over deciding about the island's sales tax bonds and diminished the Oversight Board’s role in the case at Wednesday’s hearing.

Puerto Rico’s bondholders and bond insurers made court filings Monday to protect their interests as the historic municipal debt restructuring proceeds.

The Puerto Rico legislature approved a General Fund budget without debt service, leaving it to the Oversight Board to say where money for bond payments will come from in fiscal 2018.

The governor said the Oversight Board lacks the authority decide about staffing levels and personnel spending.

The chief U.S. District judge for Puerto Rico has appointed a helper judge in the commonwealth's Title III bankruptcy case.

Seven people, including two former Puerto Rico government officials, were indicted Wednesday in two related corruption cases affecting more than $10 million.

A group of Puerto Rico bondholders accused the Oversight Board and governor of minimizing the commonwealth's health in a proposed budget that is too generous to non-debt holders.