Puerto Rico

The motion is part of the bondholders' attack on a plan to give them 15 cents on the dollar.

San Juan's finances, given an F in the study of fiscal year 2017, became even worse in fiscal 2018.

Five Republican representatives asked three Democrats to withdraw their legal brief opposing the agreement.

The territory needs $1.3 billion to $2.3 billion of investment beyond the current level to support growth and competitiveness.

A declaration would be a first step toward dealing with the insolvency of the Water and Power Authority, with $252 million of bonds outstanding.

Gov. Wanda Vázquez's bill aims to prevent the commonwealth from pursuing debt practices that have gotten it into trouble.

The website aims to provide information about the restructured bonds and to advertise them as creditworthy.

Muni bankruptcy expert James Spiotto told lawmakers that replacing debt restructuring with debt cancellation has no rationale or justification.

Puerto Rico Gov. Wanda Vázquez's misgivings about rate increases threaten to upend the $8 billion restructuring plan, a lawyer for unsecured creditors told the bankruptcy court.

The mediator's report on almost $26 billion of bonds is now scheduled to be submitted on Nov. 27.