Oversight Board Proposed Plan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

U S DOJ will defend PROMESA; debt deal may be delayed

The bankruptcy judge is unlikely to rule on the Plan of Adjustment and related legal documents until the federal government has filed its defense.

New yorkUnited statesPuerto ricoBrian boyntonPeter heinMandry mercadoJohn muddArthur samodovitzLaura taylor swainCivil divisionUnited states department of justice onUs department of justiceUnited states departmentPuerto rico oversightEconomic stability actAssistant attorney general

Puerto Rico bankruptcy judge gives DOJ until February to file comments

Several recent challenges to the Plan of Adjustment that could threaten its approval.

Puerto ricoRobert gordonPeter heinMark ellenbergMartin bienenstockSusheel kirpalaniLaura taylor swain puertoBrian rosenDennis dunnePeter dechiaraEduardo capdeviliaPedro pierluisiPeter friedmanLaura taylor swainBarrios ramosConvention center district authority

Analysts expect Puerto Rico Plan of Adjustment adoption

No consensus on whether the judge will make changes to the plan before approval.

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U S Attorney General seeks Puerto Rico bankruptcy confirmation delay

U S Attorney General seeks Puerto Rico bankruptcy confirmation delay
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New signs Puerto Rico debt deal may collapse

Bond insurer Ambac Assurance joined other creditors in saying without local government support, they may withdraw theirs for the Plan of Adjustment.

Puerto ricoRafael hernPedro pierluisiLuis dalmauLaura taylor swainJesus santAd hoc groupNoteholder groupDistrict courtAd hoc group of constitutional debtholdersLawful constitutional debt coalitionAmbac assuranceOversight boardOversight board executive directorOversight board proposed planStandard time