Puerto Rico

The Puerto Rico Oversight Board’s clash with Gov. Ricardo Rosselló escalated as the panel said one of his government's new healthcare laws may be too expensive.

The Puerto Rico Oversight Board filed an adversary complaint for declaratory and injunctive relief to force cost-saving measures.

Puerto Rico Gov. Ricardo Rosselló signed a negotiated debt restructuring deal for the Government Development Bank Thursday, affecting $4.1 billion in bond debt.

Puerto Rico will get at least $112 million from the federal government for road projects starting this fall.

Title III bankruptcy judge Laura Taylor Swain approved hiring Phoenix Management Services LLC as financial advisor for the mediation process.

Puerto Rico’s July revenues were above budget partly because of unexpectedly high non-resident withholding inflow.

The simultaneous drop in Puerto Rico’s unemployment rate and employment reflects the flight of workers from the island.

The region's slipping volume reflected a national trend.

The Oversight Board has asked the bankruptcy judge to approve compensation for a team led by Martha Kopacz, who served in a similar role in Detroit's bankruptcy.

The restructuring deal for the Government Development Bank applies to $4.8 billion of debt.