PROMESA

The presidential candidate said Puerto Rico's debt should be audited and that some of it may have to be declared illegal and thus void.

The Oversight Board said that it expects to know by Oct. 25 whether it can propose a new plan of adjustment.

Laura Taylor Swain said she will decide some of the bond insurers' arguments when she resolves continuing adversary proceedings.

The Puerto Rico Electric Power Authority would save around $600 million by using alternative energy, according to a regulatory proposal.

The federal $600 monthly addition to unemployment insurance boosted income, but the local economy took a bigger hit than that of the U.S.

The law restricting various aspects of debt issuance goes beyond the central government to also cover the public corporations.

As of Monday it wasn't clear how the election, which was supposed to be completed Sunday, would be extended.

This despite being 3.1% ahead of the oversight board’s May 27 projection.

The two board members with the deepest knowledge of municipal debt have said they will depart.

Benefits may aid island's economy and reduce pressure on island's local and territory-wide governments to pay for welfare benefits.

Bondholders, financial cooperatives and a Puerto Rico legislator offered different lines of attack on an 18-month-old bond deal.

Their suit against 11 bond underwriters will be heard in a local, rather than federal, court, the lead judge said Wednesday.

Puerto Rico public corporation unions fought against PROMESA and local laws in an appeals court Monday.

The Puerto Rico oversight board warned that without restructuring, PREPA faces about $4.5 billion of legacy debt service obligations in the next five years.

“I absolutely do intend on refilling my complaint,” Andrew Hennigan told The Bond Buyer.

Casino tax legislation is “credit positive” for the city, Moody's said; Fitch downgraded ratings for Chicago water, sewer and school district revenue bonds.

The United States Bureau of Labor Statistics' household and employer surveys tell different tales about the depth of Puerto Rico's downturn.

Highways and Transportation Authority collections are also behind expectations.

Puerto Rico faces an uphill battle for recovery — what should happen and what will happen in the coming years for the island is in one word: uncertain.

The Puerto Rico Oversight Board has saluted the privatization deal.