Puerto Rico Electric Power Authority

The board says the First Circuit should stop GoldenTree and Syncora's efforts to appoint a receiver.

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

The question is raised whether "invitations" to support the plan were the same as "solicitations."

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

The group asked the First Circuit Court of Appeals to lift a stay that prevents appointment of a receiver.

Judge is considering hearings in March, as requested by the bondholders.

Syncora Guarantee and GoldenTree Asset Management filed notice of appeal again seeking a receiver in the bankruptcy.

The investment firms that did not agree to the Oversight Board-led settlement would see only 3.5% of original par under the plan.

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.

GoldenTree Asset Management noted the judge in Sept. 29, 2022, had demanded "meaningful deadlines" in the bankruptcy.

Bondholders retain the right to argue on appeal that they perfected their liens on revenues and funds.

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.

Plan of adjustment deadline schedule gets extended to Aug. 18.

Economists remain guarded about the island's economic future.

The restructuring would make bondholders whole, but the bonds' maturities are being pushed out by 25 to 35 years.

Judge Swain approves another deadline extension for a proposed plan of adjustment.

Sponsors say bill is a chance to have territories' needs addressed.

The board and the PREPA bond parties told Swain they had reached "an agreement in principle to resolve the outstanding perfection issues" in the bankruptcy.