OBoard asks to hire advisory firm; top fee is $695/hr
August 15, 2017
The Financial Oversight and Management Board for Puerto Rico filed an application at the U.S. District Court to approve the hiring of Phoenix Management Services, LLC as financial advisor for the mediation team appointed in ...
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Op-Ed: OBoard is telling us to ‘Do as I say…not as I do’
August 3, 2017
We all learned this week, with considerable shock, that the Financial Oversight and Management Board for Puerto Rico has spent, during the course of just 10 months, the incomprehensible sum of $31 million out of ...
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PREPA insurers ask court for independent receiver
July 19, 2017
A group of companies insuring the Puerto Rico Electric Power Authority’s debt filed a motion in the U.S. District Court for the District of Puerto Rico Tuesday, asking for the appointment of an independent receiver ...
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