Puerto Rico Electric Power Authority

Without a consensual plan, the bankruptcy could be dismissed.

Judge Laura Taylor Swain is upset little mediation has occurred in recent months.

Without certification it will be harder to get the appeals court to hear any bondholders' appeal.

Increasing electric rates to pay the debt would lead to economic contraction, a University of Puerto Rico professor said.

The bondholders and bond insurers submitted four expert reports to support their belief they deserve more money than what's being offered in the PREPA bankruptcy.

They say there are at least six different novel or unsettled questions of law that would be clarified by an appeals court ruling.

The parties haven't been engaging in mediation, angering Judge Swain.

How $5.7 billion will be divided among creditors remains to be figured out.

The Oversight Board, the Fiscal Agency and Financial Advisory Authority, and fuel line lenders filed separate objections to the bondholders' request, arguing it would further complicate PREPA's plan of adjustment.

Swain set a deadline ahead of what was requested by the Oversight Board.

Through the fiscal year's first eight months, revenues are 17.2% above projections.

The Puerto Rico Oversight Board wants the district court's PREPA bankruptcy to continue even if an appeals court considers the bondholders' appeal of a lien ruling.

Economic activity index is up month-to-month but down year-over-year.

The board says the PREPA bondholders are making "extraordinarily broad and burdensome" requests.

The bond parties want the appeals court to immediately consider their liens on revenue but getting this heard before an approved plan of adjustment may be an uphill battle.

In his annual address to Puerto Rico's legislature Pedro Pierluisi hailed the growth of Puerto Rico's economy.

Analysts say the PROMESA bankruptcy law is more creditor friendly than how the judge in the PREPA case interprets it.

The ruling may open the way for approval of a payout to bondholders as small as 0.21%.

A magistrate told PREPA bondholders and Oversight Board to continue negotiations for at least another 13 days.

Holders of COFINA subordinate bonds are seeking compensation from the U.S. government, claiming their property was taken without just compensation.