PREPA judge rejects certifying appeal of lien decision
Without certification it will be harder to get the appeals court to hear any bondholders' appeal.
Source: bondbuyer.com
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Lack of consensus risks PREPA bankruptcy dismissal, judge warns
The parties haven't been engaging in mediation, angering Judge Swain.
Source: bondbuyer.com
U.S. Supreme Court declines to review ruling on Puerto Rico Oversight Board powers
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.
Source: bondbuyer.com
PREPA judge rules against bondholders' lien
The ruling may open the way for approval of a payout to bondholders as small as 0.21%.
Source: bondbuyer.com
PREPA plan of adjustment isn't 'patently' illegal, judge says
Judge Swain will approve the disclosure statement and sent the parties back to mediation.
Source: bondbuyer.com