Page 7 - John Mudd News Today

The Bankruptcy Judge extended the deadline for PREPA debt negotiations to July 1 and bondholders expressed frustrations, warning they may seek full repayment if a deal is not made.

A teachers' request was rejected, but another ruling could force the board to release documents it chose to withhold.

Teachers petition court for a rehearing before the full appeals court panel of judges.

The board says the governor will have to make many changes to its budget

Several additional steps would be needed before the private operator of the transmission and distribution grid would be removed.

The Oversight Board says an adversary complaint affecting HTA claims remains active, contradicting a statement made to the court last month.

The underwriters filed a defense to the court earlier this month and analysts are skeptical of MBIA’s chances of prevailing.

A 2 and 1/2 hour funeral service for legendary broadcast journalist Bruce Johnson was filled with praise for what he did on-camera during his decades covering…

At issue is about $400 million the board would like Puerto Rico's government to retain.

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.