PROMESA

A consensual plan of adjustment is unlikely to be reached, according to one observer.

Puerto Rico must take additional steps to be able to regain market access, they said.

Dismissal would ease approval of a the current proposed plan of adjustment.

Included in the plan is a $545 million for a loan to the Puerto Rico Electric Power Authority and more money for the government's emergency reserve.

The U.S. Supreme Court ruled against a journalist group seeking the release of a wide range of Puerto Rico Oversight Board information, which may have had an impact on the PREPA bankruptcy proceedings.

One analyst says the final figure will be closer to the Puerto Rico Oversight Board's estimate than the bondholders'.

Without a consensual plan, the bankruptcy could be dismissed.

Judge Laura Taylor Swain is upset little mediation has occurred in recent months.

Without certification it will be harder to get the appeals court to hear any bondholders' appeal.

Increasing electric rates to pay the debt would lead to economic contraction, a University of Puerto Rico professor said.