Court strikes down challenge to Puerto Rico electric system privatization
Judge Laura Taylor Swain's action allows LUMA Energy to continue to operate.
Source: bondbuyer.com
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Puerto Rican demands for higher wages pressure government
The unrest potentially has short- and long-term impacts on the local government and its finances, analysts say.
Source: bondbuyer.com
Challenges to Puerto Rico Plan of Adjustment face uphill battle
Attorneys say the first step is to get a court to stay enactment of the Plan of Adjustment, but that it is unlikely.
Source: bondbuyer.com
Puerto Rico legislators seek to freeze increases on electric, water and highway tolls
To become law, the bill would have to pass the House of Representatives and Senate, gain the governor's signature, and avoid potential blocks by the Puerto Rico Oversight Board and lawsuits.
Source: bondbuyer.com
Puerto Rico Bankruptcy Judge approves Plan of Adjustment
After more than four years of intense negotiations between many stakeholders, the Oversight Board's Plan of Adjustment gets the OK from Judge Laura Taylor Swain, moving the commonwealth closer to emerging from bankruptcy.
Source: bondbuyer.com