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Judge seems skeptical of PREPA bondholders request for appeal certification

Judge seems skeptical of PREPA bondholders request for appeal certification
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Puerto ricoPalo secoLaura taylor swainJohn muddMaintenance fundUnsecured creditors committeeCapital improvement fundFirst circuit courtConstruction fundDistrict courtPuerto rico electric power authorityFinancial advisory authorityPuerto rico fiscal agencyDistrict court judge laura taylor swainJudge laura taylor swainPuerto rico attorney john

U S Supreme Court declines to review ruling on Puerto Rico Oversight Board powers

The governor asked the high court to review a ruling that gave the board broad power to overturn laws it deems inconsistent with the island's fiscal health.

Puerto ricoPedro pierluisiRafael hernJohn muddFirst circuit courtUs supreme courtSupreme courtDistrict courtPopular democratic partyProgressive partyPuerto rico oversight boardPuerto rico oversightEconomic stability actPuerto rico houseRepresentatives rafael hernRico house

Judge s interpretation of PROMESA appears to be bad news for PREPA bondholders

Analysts say the PROMESA bankruptcy law is more creditor friendly than how the judge in the PREPA case interprets it.

Puerto ricoUnited statesLaura taylor swainDavid schleicherKent hiteshewMatt fabianYale law schoolNational public financePuerto rico electric power authorityFirst circuit courtJudge laura taylor swainPuerto rico oversightEconomic stabilityPuerto rico oversight boardBankruptcy codeCircuit court

PREPA judge rules against bondholders lien

The ruling may open the way for approval of a payout to bondholders as small as 0.21%.

Puerto ricoLaura taylor swainMatt fabianJohn muddPuerto rico electric power authorityPuerto rico fiscal agencyAd hoc groupFinancial advisory authorityPuerto rico oversight boardLaura taylor swain wednesdayTaylor swainJudge laura taylor swainMarket analytics partner matt fabianRico attorney john muddOversight boardCate long

Puerto Rico Oversight Board seizes win on labor law

The ruling could set a precedent for the board's control over local government policies affecting the economy.

Puerto ricoVicente felicianoEl nuevoPedro pierluisiLaura taylor swainH calero consulting groupUs district courtEconomic developmentCourt judge laura taylor swainPuerto rico oversight boardPuerto rico oversightEconomic stability actRico houseAadvantage businessJudge swainHeidie calero