Gov’t: EDB sold its stake in Seaborne prior to bankruptcy filing
January 11, 2018
The Puerto Rico Economic Development Bank confirmed Wednesday the government entity will not be harmed by Seaborne Airlines bankruptcy filing, as it sold its 20 percent stake in the company last summer in anticipation of ...
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Girard Manufacturing files for Ch. 11, cites $3.8M in debt
August 31, 2017
Girard Manufacturing, a wood office furniture store based in Canóvanas, has filed for Chapter 11 protection at the U.S. Bankruptcy Court, listing more than $3.8 million in debt, according to court records.
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U.S. gov’t to decide by Oct. 6 if it will defend PROMESA
August 17, 2017
The United States government will notify the Financial Oversight and Management Board by Oct. 6 if it will defend the constitutionality of PROMESA.
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