Page 4 - John Mudd News Today

Without certification it will be harder to get the appeals court to hear any bondholders' appeal.

The parties haven't been engaging in mediation, angering Judge Swain.

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.

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

Judge Swain will approve the disclosure statement and sent the parties back to mediation.

The bond trustee has said treating bondholders differently violates the bond's trust agreement and makes the plan of adjustment unconfirmable.

The proposed plan's superior treatment of National Public Finance Guarantee-insured bonds is discriminatory and thus illegal, they allege.

Low income residents of Puerto Rico won't be charged the proposed monthly fees the Oversight Board said.

Republican lawmakers this week continued to advance their vision for what they say would be a fairer — and yet more partisan — judiciary.

Sen. Greg Hertz, R-Polson, introduced Senate Bill 200 to allow the option of allowing candidates in races for nonpartisan offices to declare a political affiliation.