OBoard’s new agreement with bondholders would leave local gov’t without cash by ’29
February 25, 2021
The proposed new agreement struck recently by the Financial Oversight and Management Board for Puerto Rico with bondholder groups implies higher annual fixed payments and cash disbursements and for a longer period of time than ...
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Biden administration implements changes in the Paycheck Protection Program
February 23, 2021
The U.S. Small Business Administration is making a number of temporary and permanent changes to the Paycheck Protection Program (PPP) to increase funding received by smaller businesses, including a 14-day period during which only businesses ...
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Plaza Centro 1 owner faces $24.6M collection and foreclosure lawsuit
February 18, 2021
Plaza Centro 1 shopping center, owner MJS Caguas Limited Partnership, faces a $24.6 million collection and foreclosure lawsuit from U.S. Bank National Association, filed last week in the Caguas Superior Court. The lawsuit corresponds to ...
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