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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 -
U.S. District Judge Laura Taylor Swain said she would consider the motion during a scheduled May 22 bankruptcy hearing.
February 21 -
If the appeals court rules for them, the bond parties say, a new plan of adjustment may be needed.
February 6 -
The court is considering whether the original PREPA trust agreement gave bondholders a lien on all revenues, which they argue should extend beyond the debt restructuring, or only on the money the authority deposited in its reserve fund.
February 1 -
While this appeal was rejected, the panel suggested bondholders could immediately file a new motion for relief.
January 23 -
Bond parties say several parts of the original trust agreement support their lien on the authority's revenues.
January 23 -
Board chairman says Juan Sabater will bring valued economic expertise to the panel.
January 19