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The board set a noon Thursday deadline for repeal of Act 7, otherwise it will seek a legal remedy.
June 23 -
Puerto Rico's government tells the court the Disclosure Statement should address the likelihood the legislature will not approve new bonds for the plan of adjustment since the plan cuts pensions.
June 18 -
The board plans to pick an operator for PREPA's electrical generation in second half of this year.
May 28 -
The Board will address several of Puerto Rico's authorities' fiscal plans and will have an update about PREPA's transition of its systems to the private operator, LUMA Energy.
May 26 -
While its budget does not include debt service, the executive director said she anticipated amending it in the coming fiscal year once the plan of adjustment is finalized.
May 20 -
Long-term economic stability is not sustainable, economists say, after federal aid dries up.
May 19 -
The board also submitted an amended plan of adjustment and disclosure statement for the central government bond deal.
May 12 -
The board is also considering a measure the House passed to undo board-supported labor reforms.
May 11 -
Assured Guaranty and National Public Finance Guarantee gave their support to Highways and Transportation Authority and Convention Center District Authority revenue bond deals affecting $4.6 billion, solidifing their support for the central government deal.
May 6 -
Observers say it is the beginning of the end of the central government bankruptcy.
May 5