-
Only one of 14 legacy generation facilities were operating normally at the end of January, suggesting less recovery for bondholders.
March 27 -
There is no timetable for rulings in bankruptcy case or appeal of lien rulings, which could lead to months of additional work on a new payment plan.
March 19 -
-
Bond parties want several creditor classes' votes in favor of the plan of adjustment to be disqualified.
March 13 -
The separate settlements some bond parties have reached with the Oversight Board "dramatically violate" the trust agreement, the trustee's attorney said.
March 5 -
The Oversight Board approved the restructuring of PREPA power supplier AES's municipal bonds as arguments begin in the plan of adjustment hearing.
March 5 -
The goverment must address expected fiscal challenges or bond payments after 2031 are in jeopardy.
February 28 -
Extreme weather could aggravate growing property insurance pressures on governments.
February 28 -
U.S. District Judge Laura Taylor Swain said she would consider the motion during a scheduled May 22 bankruptcy hearing.
February 21 -
David Brownstein, who helped Jefferson County, Alabama, and Detroit return to market after bankruptcy, has opened a new firm that is advising the Oversight Board on its plan of adjustment for PREPA.
February 15