On July 1, 2016, Puerto Rico decided to default on its General Obligations bonds, a credit protected by our constitution and debt which should have NEVER defaulted. Most of us realize the Financial Oversight and ...
The Financial Oversight and Management Board for Puerto Rico (FOMB) has until Feb. 10 to present a Plan of Adjustment (POA), or at least a summary of the main terms thereof, to modify the central ...
The U.S. House Judiciary Committee approved legislation authored by Rep. Nydia M. Velázquez (D-NY) aimed at extending to firms working on Puerto Rico’s debt restructuring the same disclosure requirements that apply to companies involved in other bankruptcies. ...