Puerto Rico Highway & Transportation Authority

The teachers are trying to prevent enactment on March 15.

Puerto Rico teachers' associations are trying to delay the March 15 enactment of the Plan of Adjustment while they appeal it.

The Oversight Board also approved a new fiscal plan for the Highways and Transportation Authority.

While the Puerto Rico Senate would not take up a House-approved budget amendment that would allocate money to repay bondholders, analysts expect the Oversight Board to approve the funding.

Jaresko's resignation comes the same week as more than 40 Puerto Rican groups called for the disbandment of the Oversight Board in a letter to President Joe Biden.

The law concerning bankruptcy advisor disclosures comes after the SEC fined Oversight Board advisor McKinsey in November.

After more than four years of intense negotiations between many stakeholders, the Oversight Board's Plan of Adjustment gets the OK from Judge Laura Taylor Swain, moving the commonwealth closer to emerging from bankruptcy.

To become law, the bill would have to pass the House of Representatives and Senate, gain the governor's signature, and avoid potential blocks by the Puerto Rico Oversight Board and lawsuits.

Swain rejected several legal challenges to the Plan of Adjustment. The Oversight Board must file a final amended plan by Friday.

A fight is brewing over whether the Oversight Board can preempt some of the territory's pension statutes.

Nine groups or individuals say the Oversight Board's arguments are wrong.

No consensus on whether the judge will make changes to the plan before approval.

Several recent challenges to the Plan of Adjustment that could threaten its approval.

A request by the Department of Justice could delay the confirmation of the Puerto Rico bankruptcy until March or beyond and that in turn could lead to the current deal's collapse.

The board says the judge's ruling on the issue will determine whether it withdraws the Plan of Adjustment.

While certain parties are making deals with the Oversight Board on the Plan of Adjustment, holdouts remain.

While this hurdle has apparently been cleared, the road to approval for the Plan of Adjustment remains bumpy.

The board's 8th debt restructuring plan improves funding for a pension trust as well as eliminating cuts to benefits for current retirees, just ahead of the confirmation hearing that begins Monday.

While the economy is stronger than a year ago, it is still down from two years ago.

The various increased federal support proposals included in the Build Back Better package could help the island's economy, which has generally been contracting for the last 15 years.