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Lawmakers say they will support legislation backing the Plan of Adjustment, which has been a major hurdle for completion of the debt restructuring plan.
October 15
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Judge Swain keeps the process on schedule to start the Confirmation Hearing on Nov. 8.
October 14
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The board also offers to approve other spending in exchange for local government approval of new bonds and other measures for the Plan of Adjustment.
October 14
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Bond insurer Ambac Assurance joined other creditors in saying without local government support, they may withdraw theirs for the Plan of Adjustment.
October 13
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Puerto Rico House leadership wants a guarantee of no pension cuts and other incentives in a debt bill.
October 7
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Swain said she would review the consistency of the proposed Plan of Adjustment with the certified fiscal plan in deciding whether to approve it.
October 6
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The board wants the deadline for retail bondholders to vote on the Plan of Adjustment to remain Oct. 18.
October 5
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The current bill is inconsistent with what the Oversight Board has said it is willing to accept.
October 1
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Despite the recent two-week extension Peter Hein says the timeline is too tight and another week is needed.
September 30
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The Plan of Adjustment confirmation hearing will still begin on Nov. 8.
September 28
