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Puerto Rico Oversight Board costs more than four times projections

Puerto Rico Oversight Board costs more than four times projections
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United statesPuerto ricoProskauer roseEspacios abiertosJohn muddRobert slavinUs congressional budget officeCongressional budget officePuerto rico sales tax financing corpPuerto rico electric power authorityWorld bankMckinsey coErnst youngPuerto rico oversight boardBudget officeRico oversight board

Puerto Rico s revenues continue to come in strong

Revenue were better than projected despite the Treasury Department postponing deadlines for certain taxes.

Puerto ricoVicente felicianoPuerto rico department of the treasuryPuerto rico departmentRico secretaryTreasury francisco parHurricane fionaAdvantage business consulting president vicenteRico oversight boardCommonwealth of puerto ricoPuerto rico public buildings authorityPuerto rico sales tax financing corp cofinaPuerto rico electric power authorityPublic finance

Puerto Rico Oversight Board seeks summary judgment on PREPA lien

The bondholders say they are owed $8.3 billion of principal and billions more of unpaid interest.

Puerto ricoMartin bienenstockJohn muddMartine bienenstock puertoLaura taylor swainPuerto rico electric power authorityPuerto rico oversight boardRico oversight boardRico attorney john muddJudge laura taylor swainRico clearinghouse principal cate long

Puerto Rico s willingness to pay again in question

While the Puerto Rico Senate would not take up a House-approved budget amendment that would allocate money to repay bondholders, analysts expect the Oversight Board to approve the funding.

Puerto ricoThomas rivera schatzJorge irizarry bonistasShaun burgessPedro pierluisiJorge irizarryJohn muddMatthias riekerPopular democratic partyMunicipal bond research howard curePuerto rico senate presRico senateLuis dalmau santiagoDemocratic partyPuerto rico houseRico oversight board

Puerto Rico Oversight Board argues with Ambac on PROMESA challenge

Ambac says that PROMESA is against the Constitution's call for uniform bankruptcy codes.

Puerto ricoUnited statesMartine bienenstockElizabeth prelogarMartin bienenstockPeter friedmanLaura taylor swainPuerto rico sales tax finance corpSupreme court aureliusUs supreme courtFinancial advisory authorityPuerto rico fiscal agencyPuerto rico oversight boardAmbac assurancePuerto rico oversightEconomic stability act