-
The Oversight Board asked the court to extend its deadline for submitting various documents including a term sheet to restructure the central government debt.
February 10
-
The judges found the appellants had failed to seek stays or appeals of the approved bond restructuring — on about $17.6 billion of debt — in a timely fashion and the plan had advanced well beyond the point where it could be practically undone.
February 9
-
The effects of COVID-19 on Puerto Rico are severe and the island's capacity to repay its debt has changed. The Oversight Board's objectives in the debt-restructuring process, however, have not.
February 8
Financial Oversight and Management Board for Puerto Rico -
No ruling was issued and the judges' sympathies could not be easily deciphered.
February 5
-
The Puerto Rico Oversight Board has previously said there would be significant spending cuts in the the coming fiscal year.
February 3
-
Sixteen investment funds are making an argument on Employees Retirement System bonds that could be widened to other Puerto Rico bonds.
February 2
-
The board aims to improve transportation resources on the island.
February 1
-
The SSI debate is expected to highlight an array of other federal safety-net benefits that residents of Puerto Rico are denied.
January 26
-
Bondholders complain about lack of resolution and payment, and hitting 'deal exhaustion,' but some stakeholders are hopeful for a resolution this year.
January 25
-
The Economic Activity Index was down 0.4% from October.
January 19
