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Judge Laura Taylor Swain said she found the Oversight Board expert's calculations more convincing than those of the bondholders.
June 27
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The board is offering $2.4 billion to all bondholders while $8.5 billion of par value is outstanding.
June 26
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The plan of adjustment hearing scheduled for late July will be postponed.
June 22
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Board asks judge to exclude bondholders' expert testimony and reports from plan of adjustment hearing.
June 21
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There is a growing likelihood that the July 17 plan of adjustment hearing will be postponed.
June 20
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The bondholders charge bad faith in negotiations and want no plan employed until all appeals are exhausted.
June 13
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Assured Guaranty's attorney argued the judge's procedure to estimate the bondholders' claim should assume the Oversight Board would not exist.
June 9
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Judge Laura Taylor Swain seemed sympathetic to putting a time limit on the bondholders' claim.
June 7
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The electrical generator provides about 21% of the Puerto Rico Electric Power Authority's electricity and the default's impact on PREPA and PREPA's bankruptcy remain to be seen.
June 2
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The judge limits legal arguments to six topics.
June 1
