Puerto Rico HTA arguments focus on investment funds' dispute with Assured
The judge said she'd consider requesting changes to the proposed plan of adjustment.
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The judge said she'd consider requesting changes to the proposed plan of adjustment.
A court-ordered modification of the plan is more likely than outright rejection, sources say.
Puerto Rico teachers' associations are trying to delay the March 15 enactment of the Plan of Adjustment while they appeal it.
The bankruptcy judge is unlikely to rule on the Plan of Adjustment and related legal documents until the federal government has filed its defense.
Puerto Rico's government, bondholder Peter Hein, and eminent domain parties make call for varied changes to the board's proposed documents.