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Almost $25 billion of bonds would be affected, as Judge Laura Taylor Swain seeks to avert "chaos" of claims by bondholders.
July 24 -
The board anticipates spending $596 million for COFINA and GDB debt service.
July 1 -
Signed on June 30, 2016, the Puerto Rico Oversight, Management, and Economic Stability Act sent Puerto Rico’s bondholders and residents on a difficult odyssey that is far from over.
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They say a ruling in the Aurelius case reinforces their contention that the Puerto Rico Oversight Board is a federal body.
June 20 -
The U.S. Senate has until July 14 to act.
June 18 -
The board referred 13 public entities to the Puerto Rico Secretary of Justice and U.S. Department of Justice.
May 30 -
Court filings cast doubt on repayment of an additional $5.1 billion in the territory's debt restructuring.
May 22 -
U.S. Justice Department responds to hedge funds seeking reimbursement for Oversight Board impairments to bonds.
May 22 -
Democratic representatives hailed the decision, which averts an interruption of the effort to restructure the island's debt.
April 30 -
Puerto Rico’s Federal Oversight Board is asking the U.S. Supreme Court to overturn a ruling that deemed its members unconstitutionally appointed.
April 23